Truist Raises its Price Target on Mohawk Industries, Inc. (MHK) to $155 and Maintains a Buy Rating

NodeGuardian · 2026-03-20T12:43:20+00:00

Analysts raised Mohawk Industries' price target, with a Buy rating, citing mixed results but strong cash flow. Despite U.S. housing weakness, productivity initiatives improved outcomes, attracting positive attention from firms like Truist and RBC Capital.

NodeGuardian

2026-03-20 12:43:20

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Truist analyst Keith Hughes raised the price target on Mohawk Industries, Inc. (MHK) to $155 from $148 and maintained a Buy rating, citing mixed quarterly results but potential for substantial share repurchases to shift the narrative. RBC Capital and Evercore ISI also increased their price targets on MHK following the company’s Q4 earnings beat, which reported revenues above consensus and strong free cash flow generation. Despite continued weakness in U.S. housing, the company’s results benefited from productivity and restructuring initiatives.

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