MOD Similar Chart Price Prediction
The price of MOD is predicted to go up 5.77%, based on the high correlation periods with BLBX. The similarity of these two price pattern on the periods is 97.7%.
MOD
BLBX
Up: 5.77%Similarity: 97.7%
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MOD Analyst's Forecast
Matt Summerville
DA Davidson
Strong Buy
2024-09-24
Price Target
$140 → $155
Upside
+15.94%
DA Davidson analyst Matt Summerville raised the firm's price target on Modine Manufacturing to $155 from $140 and keeps a Buy rating on the shares after the company's recent analyst day event. The firm remains very bullish on the overall outlook for Modine, having recently notched its 3rd large hyperscale customer and seemingly making progress on additional hyper and major colo provider wins, recent liquid product launches and ongoing GenSet and E-Mobility platform awards, the analyst tells investors in a research note.
