UPDATE: Stifel Nicolaus Raises PT on Mohawk Industries on Multiple Positive Factors
August 05, 2013 at 08:42 AM EDT
In a report published Monday, Stifel Nicolaus analyst John Baugh reiterated a Buy rating on Mohawk Industries (NYSE: MHK ), and raised the price target from $128.00 to $150.00. In the report, Stifel Nicolaus noted, “Mohawk showed its powerful leverage to higher volumes, improving mix, and acquisition synergies in its