FBR Capital analyst Carter Driscoll raised his price target for Ballard Power Systems to $6.00 from $3.50 saying the company's analyst day highlighted its "robust" China mobility opportunity. Ballard is the early stages of capitalizing on the use of fuel cells for vehicle electrification, and deserves to trade at a premium to peers given its technology leadership, local presence and partnerships in China and improving financial position, Driscoll tells investors in a research note partially tiled "A Vastly Different Company than Two Years Ago." The analyst reiterates a Buy rating on Ballard.