Oppenheimer raised the firm’s price target on Modine (MOD) to $185 from $180 and keeps an Outperform rating on the shares. The firm notes shares saw mixed trading Wednesday after Modine beat Q2 2026 top/bottom line consensus estimates and reiterated FY26 EBITDA guidance on a higher revenue outlook.
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Read More on MOD:
- Modine Manufacturing Reports Strong Q2 Revenue Growth
- Modine says data center visibility extends ‘3-5 years out’
- Closing Bell Movers: Bloom Energy, Teradyne both up 20% on earnings
- Modine’s Promising Growth Prospects Justify Buy Rating Amid Strong Revenue and Earnings Performance
- Modine reports Q3 adjuste EPS $1.06, consensus $1.01
