- Modine Manufacturing Co (NYSE: MOD) has commenced full-scale production of chillers for the data center market at its new production facility in Rockbridge, Virginia.
- The company has also confirmed an order with data center giant Corscale, with plans for further business in the coming months.
- Having worked closely with Corscale, Modine has developed a specialized data center chiller based on their existing OptiChill range.
- Airedale by Modine products provides energy and water-efficient cooling solutions for a data center market.
- Price Action: MOD shares are trading higher by 0.47% at $11.15 on the last check Friday.
Cowen & Co. Upgrades Huntington Ingalls Indus to Outperform, Raises Price Target to $270
Cowen & Co. analyst Gautam Khanna upgrades Huntington Ingalls Indus (NYSE:HII) from Market Perform to Outperform and raises the price target from $200 to $270.