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StocksMedium•13 February 2026•

1 min read

DA Davidson Raises Modine (MOD) Price Target to $265 on AI Cooling Momentum

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DA Davidson significantly raised its price target for Modine Manufacturing Company (MOD) from $140 to $265. The move follows the company's strong performance in its fiscal third quarter, where it exceeded analyst earnings expectations. Analysts highlighted the exceptional growth momentum in the AI data center liquid cooling segment as the primary catalyst for the upgrade. Modine's consistent execution in specialized thermal management solutions has positioned it as a key beneficiary of the artificial intelligence infrastructure boom. The nearly 90% increase in the price target reflects growing confidence in the company's long-term profitability and market leadership. Investors are closely monitoring the stock as it continues to capitalize on the robust demand for advanced cooling technologies.