🟢 Modine Manufacturing is trading 4.14% up in after-hours trading after Cantor Fitzgerald initiated Overweight coverage

Modine Manufacturing is trading at $153.00, up 4.14%, after Cantor Fitzgerald initiated coverage with an Overweight rating, a plausible catalyst for the after-hours gain.

• On October 20, Cantor Fitzgerald set a $275 price target.
• The report highlighted Modine’s data-center cooling business and growth prospects. No other verified company announcement for October 20 surfaced in the search.
• Modine’s spin-off transaction with Gentherm was completed October 1, not a new event today.