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Fly News Breaks for May 26, 2017
MOD
May 26, 2017 | 07:56 EDT
Baird analyst David Leiker raised his price target on Modine Manufacturing to $22 from $17 and reiterated it as a top idea. The analyst believes the company is in the early innings of an attractive long-term opportunity given recovering end markets, organic growth opportunities, self-help margin improvement, and structurally higher free cash flow. Leiker reiterated his Outperform rating on Modine Manufacturing shares.
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