Ballard Reports Q2 2024 Results

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Go back to Ballard Reports Q2 2024 Results

Ballard Power Systems (BLDP) PT Lowered to $2 at Jefferies

August 12, 2024 4:58 PM EDT

Jefferies analyst Dushyant Ailani lowered the price target on Ballard Power Systems (NASDAQ: BLDP) to $2.00 (from $3.25) while maintaining a Hold rating.

The analyst comments "BLDP rev of $16.1mn came in below cons/JEFe of $18.9mn/$19.6mn. Miss was driven by Bus, Rail... More

Ballard Power Systems (BLDP) PT Lowered to $2 at Roth/MKM

August 12, 2024 12:35 PM EDT

Roth/MKM analyst Craig Irwin lowered the price target on Ballard Power Systems (NASDAQ: BLDP) to $2.00 (from $3.00) while maintaining a Neutral rating.

The analyst comments "Ballard posted weak 2Q24 revenue and gross margins with tight operating expense discipline delivering adj-EBITDA modestly... More