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Mohawk Industries Shares Fall After RBC Downgrade

Mohawk Industries Shares Fall After RBC Downgrade

MT newswireMT newswire2026/10/07 19:53

03:53 PM EDT, 10/07/2026 (MT Newswires) -- Mohawk Industries (MHK) shares were down over 5% in Wednesday trading after RBC downgraded the company's stock to underperform from sector perform and adjusted its price target to $112 from $130. Trading volume stood at nearly 1.3 million shares, compared with a daily average of 976,656 shares. Price: 119.33, Change: -6.72, Percent Change: -5.33

03:53 PM EDT, 10/07/2026 (MT Newswires) -- Mohawk Industries (MHK) shares were down over 5% in Wednesday trading after RBC downgraded the company's stock to underperform from sector perform and adjusted its price target to $112 from $130. Trading volume stood at nearly 1.3 million shares, compared with a daily average of 976,656 shares. Price: 119.33, Change: -6.72, Percent Change: -5.33
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