UPDATE: Barrington Research Reiterates Modine Manufacturing Outperform
Barrington Research reiterated its Modine Manufacturing (NYSE: MOD) Outperform rating in a research report published today. Barrington Research has a $20 price target on Modine Manufacturing.
In the report, Barrington Research states, " The recent decline in commodities prices should provide MOD with a near-term benefit of helping the company to meet its gross margin conversion ratio targets."
Shares of Modine Manufacturing were trading at $10.42 at the time of posting, up 1.36% from Wednesday's market close.
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