Morgan Keegan Reiterates Outperform Rating on Moha

New York, NY, Jun. 14–Analysts at Morgan Keegan reiterate their “outperform” rating on Mohawk Industries Inc.

In a research note published this morning, the analysts mention that Mohawk Industries is likely to have witnessed robust end-market demand trends in the current quarter. The company has benefited considerably from its Muskogee-based Dal-Italia plant, for the porcelain tile offerings expansion and market share gains at its Dal-Tile subsidiary over the past one year, Morgan Keegan says.