Susquehanna Maintains Neutral on Ballard Power Systems, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Ballard Power Systems (BLDP) and lowers the price target from $4 to $3.
March 12, 2024 | 1:32 pm
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NEGATIVE IMPACT
Susquehanna maintains a Neutral rating on Ballard Power Systems and lowers the price target from $4 to $3.
The reduction in price target by Susquehanna reflects a negative outlook on the stock's short-term price movement. A lower price target often leads to a decrease in investor confidence and can result in a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100