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Fly News Breaks for December 5, 2016
MHK
Dec 5, 2016 | 07:09 EDT
SunTrust analyst Keith Hughes blames Mohawk's recent weakness on increases in crude oil prices. The analyst thinks that the company can offset this headwind with a price increase next month,and he says that the stock has "reached a great entry point." Hughes keeps a Buy rating on the shares and continues to identify it as a top pick.
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