Form 6-K Ballard Power Systems For: Aug 18

Go back to Form 6-K Ballard Power Systems For: Aug 18

Ballard Power's (BLDP) Toyota Tsusho Partnership Opens-up Key Market; FBR Affirms at 'Outperform'

August 19, 2016 6:55 AM EDT

FBR & 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... More

Roth Capital Sees Ballard Power's (BLDP) Deal with Toyota as 'Significant' Positive; Affirms at 'Buy'

August 18, 2016 10:21 AM EDT

Roth 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