Ballard Reports Q1 2024 Results

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Truist on Ballard Power Systems (BLDP): 'Ultimately we'd view the results as fairly neutral for shares'

May 7, 2024 9:30 AM EDT

Truist Securities analyst Bronson Fleig reiterated a Hold rating and $3.50 price target on Ballard Power Systems (NASDAQ: BLDP)

The analyst comments "BLDP reported mixed 1Q results including a ~12% topline miss driven largely by the company's emerging/other markets segment as heavy-duty mobility & stationary... More