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Stock Market & Financial Investment News

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December 12, 2013
08:07 EDTMHKMohawk hitting on many cylinders, says Stifel
After meeting with Mohawk's CFO, Stifel raised its 2014 EPS estimate for the company to $8.15 from $7.69 to reflect much greater carpet margins and higher synergies in laminate and ceramic than the firm had previously expected. The firm remains upbeat on Mohawk's near-term and intermediate-term prospects, and it keeps a Buy rating on the shares.
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