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B. Riley Securities maintained its 'Buy' rating on Modine Manufacturing Company while lowering its price target from $305 to $285.
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Filed: 2026-10-27 AccNo: 0001104659-26-119218 Size: 541 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
The global generator cooling systems market is projected to grow from USD 3.76 billion in 2026 to USD 5.03 billion by 2031 at a 6.0% CAGR. Growth is driven by rising demand for reliable backup power, data center expansion, and advancements in thermal management. Asia Pacific leads the market, while liquid-cooled systems dominate with 64.7% market share. Key players are investing in manufacturing capacity and product innovation.
Analysts initiated bullish coverage on ADRX ($32), NWSA ($35), MOD ($275), SITM ($750) and QSR ($85), with Overweight, Outperform or Buy ratings.