Oppenheimer raised the firm’s price target on Modine (MOD) to $240 from $220 and keeps an Outperform rating on the shares. The firm notes shares traded up Thursday after Modine beat Q3 top-/bottom-line consensus and raised FY26 guidance.
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Read More on MOD:
- Modine–Gentherm Reverse Morris Trust: Market Risk, Integration Challenges and Uncertain Value for Shareholders
- Modine price target raised to $250 from $205 at KeyBanc
- Modine reports Q3 adjusted EPS $1.19, consensus 99c
- Modine raises FY26 net sales growth view to 20%-25% from 15%-20%
- Modine Manufacturing options imply 10.5% move in share price post-earnings