Beyond Meat Inc. (BYND) PT Lowered to $115 at Jefferies

Beyond Meat Inc. (BYND) PT Lowered to $84 at DA Davidson

October 29, 2019 8:56 AM EDT

DA Davidson analyst Brian Holland lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $84.00 (from $130.00) while maintaining a Underperform rating.

The analyst comments "Beyond Meat posted a strong 3Q19 beat & FY19 guidance raise, though this was generally anticipated given foodservice trial & retail... More

Wall St. dips after S&P notches record, Fed on deck

October 29, 2019 7:52 AM EDT

By Chuck Mikolajczak

NEW YORK (Reuters) - The S&P 500 edged lower to snap a four-session win streak on Tuesday and it retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.

Hopes of a U.S.-China trade deal and expectations of another interest rate cut by the Federal Reserve when it concludes its two-day meeting on Wednesday have pushed stocks higher the past several sessions, sending the S&P to its second straight record intraday high.

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Beyond Meat butchered as stock sale ban lifted

October 29, 2019 7:40 AM EDT

By Richa Naidu and Nivedita Balu

(Reuters) - Shares of Beyond Meat Inc (NASDAQ: BYND) plunged more than 20% on Tuesday as investors rushed to cash in after a restriction on selling stock lifted and worries mounted about rising costs and increased competition at the hugely popular plant-based meat producer.

A surge in interest in plant-based burgers, sausages and other meat-lookalikes this year has spurred a doubling in value of the Los Angeles-based company since its stock market launch in May.

However, the restrictions on selling nearly 80% of the company's outstanding... More

Beyond Meat Inc. (BYND) PT Lowered to $122 at BofA/Merrill Lynch

October 29, 2019 6:54 AM EDT

BofA/Merrill Lynch analyst Bryan Spillane lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $122.00 (from $150.00) while maintaining a Neutral rating.

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Beyond Meat Inc. (BYND) PT Lowered to $115 at Credit Suisse

October 29, 2019 6:30 AM EDT

Credit Suisse analyst Robert Moskow lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $115.00 (from $135.00) while maintaining a Neutral rating.... More

Beyond Meat Inc. (BYND) PT Lowered to $138 at JPMorgan

October 29, 2019 6:22 AM EDT

JPMorgan analyst Ken Goldman lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $138.00 (from $189.00) despite raising FY19-21E forecasts and reiterating the Overweight rating.

The analyst stated "The primary reason for the price target reduction is that we are trimming... More

Beyond Meat Inc. (BYND) PT Lowered to $100 at Wells Fargo

October 29, 2019 6:20 AM EDT

Wells Fargo lowered its price target on Beyond Meat Inc. (NASDAQ: BYND) to $100.00 (from $125.00) while maintaining a Market Perform rating.... More

Exane BNP Paribas Reiterates Underperform Rating on Beyond Meat Inc. (BYND), $70 PT

October 29, 2019 5:18 AM EDT

Exane BNP Paribas analyst Mikheil Omanadze reiterated an Underperform rating and $70.00 price target on Beyond Meat Inc. (NASDAQ: BYND).

The analyst comments "Q319 sales at USD92m, c.12% ahead with the mid-point of the upgraded sales guidance implying c.3% upward consensus... More

Beyond Meat (BYND) Tops Q3 EPS by 3c, Revenues Rise 250%

October 28, 2019 4:10 PM EDT

Beyond Meat (NASDAQ: BYND) reported Q3 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter rose 250% to $92 million versus the consensus estimate of $82.23 million.

We are very pleased with our third quarter results which reflect continued momentum across our... More