BofA lowered the firm’s price target on Mohawk Industries (MHK) to $128 from $132 and keeps a Buy rating on the shares. Following Q1 results, the firm lowers its 2025 and 2026 EPS estimate by 1% and 3%, respectively, to reflect near-term price cost headwinds.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 $111 from $115 at Barclays
- Mohawk Industries Reports Q1 2025 Financial Results
- Mohawk Industries’ Earnings Call: Mixed Sentiment Amid Challenges
- Mohawk Industries reports Q1 adjusted EPS $1.52, consensus $1.41
- Mohawk Industries sees Q2 adjusted EPS $2.52-$2.62, consensus $2.81