Wall Street analyst upgrades lift Mohawk and Hilton stocks, Alignment Healthcare falls

Mohawk Industries shares rose 6.5% to $131.13 after Wells Fargo, Barclays and Baird raised their price targets, signaling growing confidence in the flooring maker despite keeping neutral ratings.

Carmignac Gestion trimmed its stake in Hilton Worldwide Holdings by 72.9% in Q1, selling 8,055 shares and holding 2,990 shares worth about $909,000. Several research firms, including Barclays, Robert W. Baird, Mizuho and Macquarie Infrastructure, also raised price targets for Hilton, with most maintaining overweight or neutral ratings.

Alignment Healthcare fell 7.1% to $13.80 after Raymond James downgraded the stock from strong‑buy to outperform and set a $19 price target. Other analysts issued mixed actions, with UBS keeping a neutral rating, Wolfe Research initiating coverage with an outperform view, and Barclays lowering its target to $16.