Barclays analyst Matthew Bouley lowered the firm’s price target on Mohawk Industries (MHK) to $122 from $125 and keeps an Equal Weight rating on the shares. The firm reduced 2026 estimates saying demand remains tepid, with mixed pricing power, tariff costs offsetting subsiding materials pressure.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MHK:
- Mohawk Industries price target lowered to $130 from $140 at Wells Fargo
- Mohawk Industries Balances Achievements and Challenges in Earnings Call
- Mohawk Industries reports Q3 adjusted EPS $2.67, consensus $2.64
- Mohawk Industries sees Q4 EPS $1.90-$2.00, consensus $2.13
- MHK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
