Roth MKM analyst Craig Irwin reiterated a Buy rating on Flux Power Holdings (FLUX – Research Report) today and set a price target of $4.00. The company’s shares opened today at $1.65.
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Irwin covers the Industrials sector, focusing on stocks such as Plug Power, Electrovaya, and Flux Power Holdings. According to TipRanks, Irwin has an average return of 4.0% and a 42.66% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flux Power Holdings with a $4.00 average price target, representing a 142.42% upside. In a report released today, Lake Street also maintained a Buy rating on the stock with a $6.00 price target.
Based on Flux Power Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $16.83 million and a GAAP net loss of $1.89 million. In comparison, last year the company earned a revenue of $18.34 million and had a GAAP net loss of $814 thousand
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