Cresset Asset Management LLC Purchases Shares of 10,881 Mohawk Industries, Inc. $MHK

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Cresset Asset Management LLC recently acquired 10,881 shares of Mohawk Industries, Inc. (NYSE:MHK) worth approximately $1.4 million during the third quarter. Other institutional investors like Goldman Sachs and UBS AM have also adjusted their holdings in the company. The stock currently has a consensus “Hold” rating from analysts with an average price target of $137.64, though recent news suggests neutral to negative sentiment due to housing market weakness and revised earnings forecasts.

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