TD Securities Maintains Hold on Ballard Power Systems, Lowers Price Target to $3
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Aaron Macneil maintains a Hold rating on Ballard Power Systems (NASDAQ:BLDP) and lowers the price target from $3.75 to $3.

March 12, 2024 | 5:25 pm
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TD Securities maintains a Hold rating on Ballard Power Systems and lowers the price target from $3.75 to $3.
The reduction in price target by TD Securities suggests a less optimistic outlook on Ballard Power Systems' future stock performance, potentially leading to a negative short-term impact on its stock price. The Hold rating indicates that the analyst does not see significant upside or downside in the near term, but the lowered price target could influence market perception negatively.
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