Craig-Hallum bullish on Flux Power, initiates with a Buy

As previously reported, Craig-Hallum analyst Eric Stine initiated coverage of Flux Power with a Buy rating and $10 price target. The firm sees a medium-term path to $20-plus/share as Flux Power furthers its penetration of material handling end markets with its OEM partners and as it expands to new applications for its proprietary lithium-ion battery solution.