Mohawk Group (NYSE:MWK) Earns Buy Rating from Analysts at Roth Capital
Roth Capital initiated coverage on shares of Mohawk Group (NYSE:MWK) in a research note published on Monday morning, The Fly reports. The brokerage issued a buy rating and a $9.00 price objective on the stock.
Separately, Alliance Global Partners began coverage on shares of Mohawk Group in a research note on Monday. They set a buy rating and a $15.00 price objective on the stock.
Shares of NYSE MWK traded down $0.19 during midday trading on Monday, reaching $7.25. 22,890 shares of the stock were exchanged, compared to its average volume of 72,400. Mohawk Group has a twelve month low of $6.11 and a twelve month high of $10.74.
Mohawk Group Holdings, Inc operates as a technology-enabled consumer products company in the United States. It offers home and kitchen appliances; kitchenware; environmental appliances, such as dehumidifiers and air conditioners; beauty related products; and consumer electronics under the hOme, Vremi, Xtava, and RIF6 brands.
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