Anayst Downgrades Mohawk Stock


New York, NY, Aug. 12, 2009–Mohawk Industries was downgraded Tuesday by analysts at Pali Research.

The analysts reduced Mohawk to Neutral from Buy. Over the last 52 weeks the stock has ranged from a low of $16.97 to a high of $75.26.

The firm said technical indicators for the stock are bearish and S&P gives Mohawk a sell ranking.

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