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Ballard Power Systems (BLDP) Gets a Hold from Roth MKM

Tipranks - Tipranks - Sat Mar 14, 8:51AM CDT

Roth MKM analyst Craig Irwin maintained a Hold rating on Ballard Power Systems today and set a price target of $2.50.

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According to TipRanks, Irwin is a 5-star analyst with an average return of 10.4% and a 44.76% success rate. Irwin covers the Industrials sector, focusing on stocks such as Blue Bird, Ameresco, and Ballard Power Systems.

In addition to Roth MKM, Ballard Power Systems also received a Hold from KeyBanc’s Sangita Jain in a report issued today. However, on the same day, BMO Capital maintained a Sell rating on Ballard Power Systems (NASDAQ: BLDP).

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Based on Ballard Power Systems’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$32.5 million and a GAAP net loss of C$28.07 million. In comparison, last year the company earned a revenue of C$14.76 million and had a GAAP net loss of C$205.02 million

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