Mohawk Industries price target raised to $124 from $123 at Evercore ISI

Evercore ISI raised the firm’s price target on Mohawk Industries (MHK) to $124 from $123 and keeps an In Line rating on the shares. While Mohawk’s Q3 performance came in slightly above expectations, the broader picture is “clouded by persistent headwinds,” says the analyst, who made adjustments to FY25 and FY26 EPS estimates to reflect these challenges.