DA Davidson Maintains Buy on Modine Manufacturing, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville has reaffirmed a Buy rating on Modine Manufacturing (NYSE:MOD) and increased the price target from $60 to $80.
December 26, 2023 | 12:48 pm
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POSITIVE IMPACT
DA Davidson analyst Matt Summerville maintains a Buy rating on Modine Manufacturing and raises the price target from $60 to $80, indicating a positive outlook on the stock.
The increase in price target by DA Davidson suggests a strong conviction in the future performance of Modine Manufacturing. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100