Mohawk Industries price target lowered to $111 from $115 at Barclays

Barclays lowered the firm’s price target on Mohawk Industries (MHK) to $111 from $115 and keeps an Equal Weight rating on the shares. The company’s volumes may continue to be challenge with weaker end markets, and its pricing power is now the question as volumes soften but importers raise price, the analyst tells investors in a research note.