Wells Fargo Maintains Underweight on Ballard Power Systems, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Praneeth Satish maintains an Underweight rating on Ballard Power Systems (NASDAQ:BLDP) and lowers the price target from $3 to $2.
August 13, 2024 | 3:08 pm
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NEGATIVE IMPACT
Wells Fargo analyst Praneeth Satish maintains an Underweight rating on Ballard Power Systems and lowers the price target from $3 to $2.
The lowered price target from $3 to $2 and the maintained Underweight rating by Wells Fargo suggest a negative outlook on Ballard Power Systems' stock performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100