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Fly News Breaks for December 6, 2019
MHK
Dec 6, 2019 | 05:29 EDT
Goldman Sachs analyst Susan Maklari initiated coverage of Mohawk Industries with a Buy rating and $165 price target. While Mohawk has faced various operating and demand challenges over the last two years, it is "closer to turning a corner," Maklari tells investors in a research note. She looks for the stock to "re-rate higher" as the results of management's efforts come through.
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