12 Best Mid-Cap AI Stocks to Buy According to Analysts

8. Modine Manufacturing Company (NYSE:MOD)

Potential Upside: 23.1%

Following its earnings report and announcement of a $4 billion long-term agreement with a data center customer, UBS raised its price target on Modine Manufacturing Company (NYSE:MOD). The firm increased its price target on MOD from $310 to $355 while maintaining a Buy rating on May 28. The upwardly revised price target reflects an additional 28% upside from the current levels.

The analyst believes consensus estimates for the company could move higher in the coming periods as it continues to deliver positive updates. He also highlighted that the stock’s valuation remains attractive. Based on these factors, the analyst expects the stock to have additional upside potential.

Modine Manufacturing Company (NYSE:MOD) released its fourth-quarter fiscal 2026 earnings report on May 27. Supported by a 29% rise in gross profit, Q4 sales grew 47%. On the balance sheet side, the company ended the fiscal year with net debt of $363 million and a leverage ratio of 0.8x. For the full year, capital expenditures reached $143 million, with some data center-related spending expected to shift into the next fiscal year.

Modine Manufacturing Company (NYSE:MOD) operates as a manufacturer, engineer, designer, tester, and seller of mission-critical thermal solutions. The company’s product portfolio includes heat transfer products, data center products, powertrain cooling products, and coatings products & application services. It was founded in 1916 and is based in Racine, Wisconsin.

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