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Fly News Breaks for February 1, 2019
MHK
Feb 1, 2019 | 07:18 EDT
Buckingham analyst Megan Talbott McGrath started Mohawk with an Underperform rating and $116 price target, citing cyclical and structural challenges that include fast growth of lower-value products, manufacturing inefficiencies, input cost inflation and a lack of pricing power.
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