B. Riley Securities Maintains Buy on Modine Manufacturing, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Jeff Van Sinderen maintains a Buy rating on Modine Manufacturing (NYSE:MOD) and raises the price target from $80 to $88.
February 01, 2024 | 4:25 pm
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B. Riley Securities maintains a Buy rating on Modine Manufacturing and raises the price target from $80 to $88.
The upgrade in the price target by B. Riley Securities suggests a positive outlook on Modine Manufacturing's stock, likely due to favorable market conditions or company performance. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100