Wells Fargo Reiterates Underweight on Ballard Power Systems, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Praneeth Satish reiterated an Underweight rating on Ballard Power Systems (NASDAQ:BLDP) and maintained a $5 price target.
June 14, 2023 | 3:37 pm
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Wells Fargo analyst Praneeth Satish reiterated an Underweight rating on Ballard Power Systems (NASDAQ:BLDP) and maintained a $5 price target.
The news directly mentions Ballard Power Systems (NASDAQ:BLDP) and the analyst's Underweight rating and $5 price target. This rating suggests that the analyst believes the stock will underperform compared to the market, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100