Thermal management solutions specialist Modine Manufacturing (NYSE: MOD) saw a significant 8% increase in its stock price week-to-date, following positive analyst notes from DA Davidson and UBS. DA Davidson reiterated a buy recommendation with a $200 per share price target, while UBS initiated coverage with a buy recommendation and $173 per share fair value assessment. Modine is a key supplier of cooling systems for data centers, which are experiencing heavy investment due to artificial intelligence technology. Analysts believe the company is well-positioned for future growth in this sector.
Read more at Yahoo Finance: Why Modine Manufacturing Stock Was Motoring Higher This Week
