MOHAWK INDS INC (MHK) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of MOHAWK INDS INC (MHK) from OUTPERFORM to NEUTRAL on March 13, 2013, with a target price of $116.30.

Mohawk Industries, Inc. is one of the leading producers of woven and tufted broadloom carpet and rugs for principally residential applications. The company designs, manufactures and markets carpet and rugs in a broad range of colors, textures and patterns. The company is widely recognized through its premier brand names, some of which are Mohawk, Aladdin, American Rug Craftsmen, American Weavers, Bigelow, and Custom Weave.

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