Roth Capital analyst Craig Irwin lowered the firm’s price target on Flux Power (FLUX) to $3 from $4 and keeps a Buy rating on the shares. Flux missed Q1 forecasts and management gave limited confidence in a near-term return to positive adjusted EBITDA, the analyst tells investors in a research note. The firm also noted that tariff uncertainty could remain a headwind through the end of he fiscal year, and lowered estimates on a weaker margin and revenue outlook. The firm added, however, that it would be an opportunistic buyer on weakness.
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