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DUKR — DUKE Robotics News Story

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Duke Robotics rises after Maxim Group initiates with 'buy'

BUZZ-Duke Robotics rises after Maxim Group initiates with 'buy'

** Shares of defense technology firm Duke Robotics DUKR.O rise 4.6% to $5.46

** Brokerage Maxim Group initiates DUKR with "buy" rating and $12 PT, implying ~130% upside to the stock's last close

** Growing demand on power grids from data centers, EVs and other applications should support spending on grid reliability services such as those provided by DUKR - brokerage

** Up to last close, stock down ~15% this year


(Reporting by Jaspreet Singh in Bengaluru)

((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))

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