B. Riley raised the firm’s price target on Modine Manufacturing to $140 from $125 and keeps a Buy rating on the shares following the fiscal Q1 report. The company’s transformation plan is running ahead of schedule as Modine nears the beginning of phase II, the analyst tells investors in a research note.
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Read More on MOD:
- Modine Manufacturing raises FY25 adj EPS view to $3.65-$3.95 from $3.55-$3.85
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