Roth Capital raised the firm’s price target on Ballard Power (BLDP) to $3 from $1.80 and keeps a Neutral rating on the shares after the company reported Q3 revenue and gross margins well above estimates. While “incrementally positive” on management’s strategic actions, the firm maintains a Neutral as it waits for improved growth visibility, the analyst tells investors.
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Read More on BLDP:
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