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Fly News Breaks for March 20, 2017
MHK
Mar 20, 2017 | 06:24 EDT
Barclays analyst Michael Dahl raised his price target for Mohawk Industries to $272 after taking a closer look at the company's recent growth investments. Mohawk is not just a margin and acquisition story anymore as its investments will drive sustainable reacceleration in organic growth, Dahl tells investors in a research note. He reiterates an Overweight rating on the shares and calls the company his top pick.
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