Shares of defense technology firm Duke Robotics DUKR.O rose 4.6% to $5.46.
Brokerage Maxim Group initiated DUKR with a buy rating and a $12 price target, implying about 130% upside to the stock's last close.
The brokerage said 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.
Up to the last close, the stock was down about 15% this year.