GLJ Research Initiates Coverage of Modine Manufacturing (MOD) with a Buy Rating

5 days ago 5

Jeff Lewis

Wed, April 15, 2026 astatine 8:47 AM CDT 1 min read

Modine Manufacturing Company (NYSE:MOD) is 1 of the

10 Best AI Pick-and-Shovel Stocks to Buy. On March 29, 2026, GLJ Research expert Austin Wang initiated sum of Modine Manufacturing Company (NYSE:MOD) with a Buy standing and a “Street-high” $290 terms people connected the shares. Austin Wang has said that the backstage rival checks and hyperscaler borderline trends constituent to upside successful some semipermanent guidance and margins, adding that the marketplace is underestimating Modine Manufacturing Company (NYSE:MOD)’s North American information halfway chiller capableness ramp.

Meanwhile, DA Davidson has maintained a Buy standing and a $265 terms people connected Modine Manufacturing Company (NYSE:MOD) aft gathering with management, saying it came distant “quite bullish connected a fig of fronts.” The steadfast has noted that the company’s datacenter funnel has expanded importantly since its September 2024 expert day, supporting its maturation outlook done FY28, and pointed to further upside from hyperscaler demand, planetary information halfway expansion, and non-data halfway opportunities.

GLJ Research Initiates Coverage of Modine Manufacturing (MOD) with a Buy Rating

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Modine Manufacturing Company (NYSE:MOD) provides thermal absorption and cooling solutions, including information halfway cooling systems and related services.

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