Wolfe Research analyst Trevor Allinson downgraded Mohawk Industries (MHK) to Peer Perform from Outperform without a price target The stock’s 2025 outperformance narrowed the company’s valuation discount versus peers, the analyst tells investors in a research note. The firm says that with a remove and replace recovery increasingly unlikely in the first half of 2026, Mohawk’s path to outperformance is less clear than a year ago.
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