Mohawk Industries (MHK) Reports In-Line Q1 EPS

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Go back to Mohawk Industries (MHK) Reports In-Line Q1 EPS

Mohawk Industries (MHK) PT Raised to $260 at Stifel Following In-Line Q1 EPS; 'OK With Q2 EPS Guidance, Company Spending On Growth'

April 28, 2017 5:29 PM EDT

Stifel raised its price target on Mohawk Industries (NYSE: MHK) to $260.00 (from $250.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst John Baugh notes that the company reported first quarter earnings in-line with estimates, as management continues to invest heavily... More