B. Riley Securities Reiterates Buy on Modine Manufacturing, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Jeff Van Sinderen has reiterated a Buy rating on Modine Manufacturing (NYSE:MOD) and increased the price target from $88 to $98.
February 27, 2024 | 2:18 pm
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B. Riley Securities has reiterated a Buy rating on Modine Manufacturing and raised the price target from $88 to $98.
The reiteration of a Buy rating combined with an increased price target usually signals a strong positive outlook on the company by the analyst. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100