Zacks Investment Research downgraded shares of BALLARD PWR SYS (BLDP) from OUTPERFORM to NEUTRAL on July 23, 2014, with a target price of $4.60.
Ballard Power Systems focuses on developing and bringing to market PEM fuel cell systems for transportation, stationary, and portable applications. Ballard now offers key subsystems and components that are based on technology developed in support of Ballard fuel cell products. Their focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships.
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