Mohawk Industries Is An Inexpensive Way To Play The Rebound In Repair/Remodel Demand, Says Bullish Analyst
1
0
Shares of Mohawk Industries Inc (NYSE:MHK) are trading at a 12% discount from their 5-year averages and 28% lower than their 10-year average, according to JPMorgan.
The Mohawk Industries Analyst: Analyst Michael Rehaut upgraded the rating for Mohawk Industries from Neutral to Overweight, while raising the price target from $151 to $161.
The Mohawk Industries Thesis: The company has “several margin drivers” for 2025 and a strong balance sheet, Rehaut said in the upgrade note.
Check out other analyst stock ratings.
The demand for …
Full story available on Benzinga.com
Visited 1 times, 1 visit(s) today