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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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<blockquote data-quote="Weather Man" data-source="post: 16473400" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Ballard lifted at TD, seeing larger than expected cuts in fuel cell module costs</strong></span></p><p>Aug. 17, 2020 3:27 PM ET|About: <a href="https://seekingalpha.com/symbol/BLDP" target="_blank">Ballard Power Systems Inc. (BLDP)</a>|By: <a href="https://seekingalpha.com/author/sa-editor-carl-surran" target="_blank">Carl Surran</a>, SA News Editor </p><p></p><p></p><p>Ballard Power (<a href="https://seekingalpha.com/symbol/BLDP" target="_blank">BLDP</a> +8.1%) gets a jolt as TD <a href="https://www.streetinsider.com/Analyst+PT+Change/TD+Securities+Upgrades+Ballard+Power+Systems+%28BLDP%29+to+Speculative+Buy/17251059.html" target="_blank">upgrades shares to Speculative Buy</a> from Hold with a $20 price target, hiked from $14, citing the company's guidance for module cost reductions.</p><p></p><p>TD analyst Aaron MacNeil says on the company's Q2 conference call, Ballard management guided to a 70% reduction in fuel cell module costs by 2024 vs. previous guidance of 22% lower costs by 2023, which "will reposition fuel cells as a viable and cost-competitive alternative to diesel engines."</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16473400, member: 137766"] [size=6][b]Ballard lifted at TD, seeing larger than expected cuts in fuel cell module costs[/b][/size] Aug. 17, 2020 3:27 PM ET|About: [URL='https://seekingalpha.com/symbol/BLDP']Ballard Power Systems Inc. (BLDP)[/URL]|By: [URL='https://seekingalpha.com/author/sa-editor-carl-surran']Carl Surran[/URL], SA News Editor Ballard Power ([URL='https://seekingalpha.com/symbol/BLDP']BLDP[/URL] +8.1%) gets a jolt as TD [URL='https://www.streetinsider.com/Analyst+PT+Change/TD+Securities+Upgrades+Ballard+Power+Systems+%28BLDP%29+to+Speculative+Buy/17251059.html']upgrades shares to Speculative Buy[/URL] from Hold with a $20 price target, hiked from $14, citing the company's guidance for module cost reductions. TD analyst Aaron MacNeil says on the company's Q2 conference call, Ballard management guided to a 70% reduction in fuel cell module costs by 2024 vs. previous guidance of 22% lower costs by 2023, which "will reposition fuel cells as a viable and cost-competitive alternative to diesel engines." [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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