Equity Analysis /
United States of America

US : Mohawk Industries, Inc. - MHK | Raising FY21 and Out-Year Estimates Ahead of 4Q Print

    CGS-CIMB
    19 January 2021
    Published byCGS-CIMB

    Summary: Ahead of Mohawk's 4Q release, we reiterate our Strong Buy rating, raise our above-consensus annual EPS estimates slightly, and lift our price target from $140 to $180. Even after a recent run-up and despite Mohawk having perhaps the highest likelihood to post expanded operating margins y/y