Ballard and Toyota Tsusho Sign Distribution Agreement For Fuel Cell Products in Japan
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Ballard Power's (BLDP) Toyota Tsusho Partnership Opens-up Key Market; FBR Affirms at 'Outperform'
August 19, 2016 6:55 AM EDTFBR & Co. affirms Ballard Power Systems (Nasdaq: BLDP) with an Outperform rating and $3 price target following news of a recent partnership with a Toyota unit.
The firm is largely positive on the announcement and offered the following key observations today:
Japan is serious about developing hydrogen as... MoreRoth Capital Sees Ballard Power's (BLDP) Deal with Toyota as 'Significant' Positive; Affirms at 'Buy'
August 18, 2016 10:21 AM EDTRoth Capital affirms Ballard Power (Nasdaq: BLDP) with a Buy rating and $2.50 price target after the company announced that it has signed a Distribution Agreement with Toyota Tsusho Corporation ("TTC), a member Company of the Toyota Group.
Analyst Craig Irwin commented on... More

