Read How Analysts Reacted To Ballard's Q4 Results

March 16, 2022 2:51 PM | 1 min read |

Ballard Power Systems Inc BLDP price target lowered to $11 (an upside of 4%) from $13 by Citi analyst P.J. Juvekar following the company's Q4 results.
The analyst maintained his Neutral rating on BLDP's shares.
Susquehanna analyst Biju Perincheril maintained his Neutral rating on Ballard Power shares with a price target of $11.
Perincheril notes the company aims to proactively deploying funds to help its future growth initiatives, which could weigh on its near-term results.
Yesterday, National Bank analyst Rupert Merer lowered the price target on Ballard Power to $14 from $20 and maintained his Outperform rating on the shares.
Price Action: BLDP shares are trading higher by 3.4% at $10.63 on the last check Wednesday.