Roth Capital Keeps Ballard Power (BLDP) at 'Buy' Amid New Audi Orders
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FBR Remains Positive on Ballard Power (BLDP) Amid New VW/Audi Purchase Orders
September 27, 2016 7:35 AM EDTFBR & Co. affirms Ballard Power (Nasdaq: BLDP) at Outperform with a price target of $3 following news of accelerated work with Audi/VW.
The firm commented, On September 26, after the market close, Ballard disclosed it had received purchase orders, for an undisclosed amount,... More
Ballard Power (BLDP) Announces Purchase Orders from Audi AG
September 26, 2016 4:32 PM EDTBallard Power Systems (NASDAQ: BLDP) today announced that automotive OEM Audi AG has issued purchase orders to Ballard to accelerate certain key development activities under the current long-term Technology Solutions program that Volkswagen Group has with Ballard.
As announced by Ballard in a February 11, 2015 press release, the current 6-year engineering services contract with Volkswagen Group runs to March 2019, with an optional 2-year extension... More
