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Roth Capital Downgrades Ballard Power Systems (BLDP) to Neutral, 'Shandong Appears Omitted from China Demo City List'

May 5, 2021 7:55 AM EDT

Roth Capital analyst Craig Irwin downgraded Ballard Power Systems (NASDAQ: BLDP) from Buy to Neutral with a price target of $15.00 (from $32.00).

The analyst comments "While this is not final, it appears that Shandong Province, where Weichai is based, has been left off... More