Flux Power price target raised to $10 from $6 at Maxim

Maxim analyst Matthew Galinko raised the firm’s price target on Flux Power to $10 from $6 and keeps a Buy rating on the shares after its Q2 earnings beat. The analyst is positive on the company’s "robust" order flow and steady progress toward profitability. The firm is also citing Flux Power’s recovery in order volumes, and progress being made toward expanding margins.