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Mohawk Industries' stock rating drops to "Hold," despite reporting strong Q4 earnings.
Mohawk Industries, a flooring products company, has seen its stock rating drop from "Strong Buy" to "Hold" by StockNews.com.
Despite this, the company reported strong Q4 earnings per share of $1.95, exceeding estimates by $0.10.
With a market cap of $6.61 billion and a P/E ratio of 12.98, analysts still have a "Moderate Buy" consensus and a price target of $145.07.
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La calificación de acciones de Mohawk Industries cae a "Sostener", a pesar de reportar fuertes ganancias de Q4.