Susquehanna Maintains Neutral on Ballard Power Systems, Lowers Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Ballard Power Systems (NASDAQ:BLDP) and lowers the price target from $2 to $1.5.
October 16, 2024 | 3:46 pm
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Susquehanna analyst Biju Perincheril maintains a Neutral rating on Ballard Power Systems and lowers the price target from $2 to $1.5, indicating a less optimistic outlook.
The lowered price target from $2 to $1.5 suggests a less optimistic view on Ballard Power Systems' future performance, which could negatively impact the stock price in the short term. The Neutral rating indicates no strong buy or sell recommendation, but the reduced target price reflects potential downside.
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