Lake Street Maintains Buy on Ballard Power Systems, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Lake Street maintains a Buy rating on Ballard Power Systems (NASDAQ:BLDP) but lowers the price target from $15 to $10.
August 13, 2024 | 8:52 pm
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NEUTRAL IMPACT
Lake Street maintains a Buy rating on Ballard Power Systems but lowers the price target from $15 to $10.
The maintained Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100