Home/News Feed/Modine targets 64% stock rise, expands data center cooling with 300 new jobs in Wisconsin Analyst Robert W. Baird set a $300 price target for Modine Manufacturing Company, suggesting a 64% increase from its current $182.91 stock price. Modine has refocused its business on data center cooling, commercial HVAC, and refrigeration after spinning off its Performance Technologies unit. The company plans to expand production of energy-efficient Airedale cooling systems in Wisconsin, creating up to 300 new manufacturing jobs starting at $23 per hour. This move addresses growing demand for data center cooling solutions and positions Modine for growth in this sector.
Modine Manufacturing Company (MOD) trades at USD 186.45 on Pluang as of Oct 06, 2026 20:34 WIB, showing a 1.94% gain in the last day. The stock's market cap stands at $9.71 billion, with a 52-week high of $283.95, indicating room for growth compared to analyst targets. The article highlights Modine's strategic focus on data center cooling, which aligns with the positive investor sentiment reflected in Pluang's 70% buy order activity.