DA Davidson Reiterates Buy on Modine Manufacturing, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville has reiterated a Buy rating on Modine Manufacturing (NYSE:MOD), maintaining a $90 price target. This reaffirms the firm's positive outlook on MOD's stock.
February 27, 2024 | 4:20 pm
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POSITIVE IMPACT
DA Davidson analyst Matt Summerville reiterates a Buy rating on Modine Manufacturing, with a maintained price target of $90, indicating a strong positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a high price target by a reputable analyst suggests a strong confidence in Modine Manufacturing's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100