Modine reports Q1 sales up 28%, earnings up 44%, and maintains strong Fiscal 2027 outlook despite supply chain challenges.

Modine Manufacturing Q1 revenue doubles in Data Centers; price target set at $258 with Strong Buy rating

Modine Manufacturing reported nearly doubled revenue in its Data Centers segment for Q1 2027 and expects 60%-80% growth for the full year. The analyst reaffirmed a Strong Buy rating but lowered the price target to $258 based on a more conservative va...