UBS Maintains Neutral on Ballard Power Systems, Lowers Price Target to $4.25
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta has maintained a Neutral rating on Ballard Power Systems (NASDAQ:BLDP) and lowered the price target from $6.5 to $4.25.
October 10, 2023 | 3:55 pm
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NEGATIVE IMPACT
UBS has maintained a Neutral rating on Ballard Power Systems and lowered the price target, which could potentially impact the stock's performance.
The lowering of the price target by UBS from $6.5 to $4.25 indicates a potential decrease in the value of Ballard Power Systems' stock. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100