Ballard Power downgraded to Hold from Buy at Lake Street Lake Street downgraded Ballard Power citing valuation but raised its price target for shares to $4.00 from $3.60. The firm sees downside risk if Ballard's new programs do not develop and only limited upside potential from current share levels if they do.
UQM Technologies receives fuel cell compressor system orders from Ballard UQM Technologies (UQM) announced that it has received the expected follow-on orders for fuel cell compressor modules from Ballard Power Systems (BLDP). These compressor modules are a key component in hydrogen powered fuel cell systems used worldwide in Ballard's bus applications. The UQM R410 fuel cell compressor system is designed for up to 150kW fuel cell stacks.