Mohawk Industries (MHK) Misses Q3 EPS by 29c, Revenues Miss; Announces New Share Buyback Up to $500M

Go back to Mohawk Industries (MHK) Misses Q3 EPS by 29c, Revenues Miss; Announces New Share Buyback Up to $500M

Mohawk Industries (MHK) PT Lowered to $129 at RBC Capital

October 29, 2018 7:18 AM EDT

RBC Capital analyst Mike Dahl lowered the price target on Mohawk Industries (NYSE: MHK) to $129.00 (from $190.00) while maintaining a Sector Perform rating.

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BofA/Merrill Lynch Downgrades Mohawk Industries (MHK) to Underperform

October 29, 2018 5:22 AM EDT

BofA/Merrill Lynch analyst John LoVallo II downgraded Mohawk Industries (NYSE: MHK) from Buy to Underperform with a price target of $137.00 (from $210.00).

The analyst is negative on the company citing an expectation that challenges will persist following the "rough" Q3... More

Credit Suisse Downgrades Mohawk Industries (MHK) to Neutral

October 29, 2018 5:02 AM EDT

Credit Suisse analyst Susan Maklari downgraded Mohawk Industries (NYSE: MHK) from Outperform to Neutral with a price target of $125.00 (from $180.00).

The analyst expects the equity to trade rang-bound for the foreseeable and therefore steps to the sidelines.

She comments "Our positive... More

Baird Reiterates Overweight on Mohawk Industries (MHK) Following 3Q

October 26, 2018 9:26 AM EDT

Baird analyst, Timothy Wojs, reiterated an Outperform rating and $192.00 price target on Mohawk Industries (NYSE: MHK) following the company's 3Q earnings report. Results and guidance were much worse than expected, pressured by inflation, mix, slower demand, competition, and less pricing contribution, resulting in another... More