Loop Capital analyst Laura Champine kept her Hold rating and $130 price target on Mohawk after her meeting with its CFO. The analyst notes the management's focus on improving the reliability of its luxury vinyl tile plants and the remaining work that the company's U.S. facility has to do. Champine adds that Mohawk could not commit to the timing of margin recovery and forecasts its EBIT margins to extend its 3pt decline to 12% in 2018 down to 11% this year.

RBC Capital raised the firm's price target on Mohawk Industries to $108 from $106 and keeps a Sector Perform rating on the shares. The company's Q1 earnings beat was driven by stronger Flooring North America and Ceramic segments, which offset weakness in Rest of World, or ROW, segments, though its price/cost dynamic worsened as ROW saw price declines accelerating, the analyst tells investors in a research note. The management's unchanged expectations for second-half price/mix/volume recovery could also prove optimistic given higher-for-longer rates, RBC added.