EF Hutton Maintains Buy on Modine Manufacturing, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
EF Hutton analyst Tim Moore has reaffirmed a Buy rating on Modine Manufacturing (NYSE:MOD) and increased the price target from $57 to $73, indicating a positive outlook on the company's stock.
January 31, 2024 | 7:09 pm
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EF Hutton analyst Tim Moore maintains a Buy rating on Modine Manufacturing and raises the price target from $57 to $73, suggesting a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100