Ballard Announces Close of $28.3M Strategic Equity Investment From Broad-Ocean
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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... More