Truist Securities Maintains Buy Rating for Mohawk Industries: Here's What You Need To Know

Truist Securities has decided to maintain its Buy rating of Mohawk Industries MHK and raise its price target from $98.00 to $127.00.

Shares of Mohawk Industries are trading up 0.0% over the last 24 hours, at $117.24 per share.

A move to $127.00 would account for a 8.32% increase from the current share price.

About Mohawk Industries

Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.