PepsiCo and Beyond Meat® Establish The PLANeT Partnership, LLC, a Joint Venture to Introduce New Plant-Based Protein Offerings
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Beyond Meat (BYND) JV With Pepsi (PEP) Is Non-Event Says Wells Fargo, Remains Underweight Beyond Meat
January 26, 2021 10:39 AM ESTThe analyst comments "BYND: Reiterate Underweight: At the open, shares are +26% (vs. XLPs flat) which we attribute to news involving PepsiCo and short interest at 38% of float in market where latest theme is going long heavily-shorted names. JV doesnt change NT fundamental trajectory for growth (we expect continued... More
JPMorgan Says Fade Beyond Meat (BYND) News, Reiterates Underweight
January 26, 2021 10:07 AM ESTJP Morgan analyst weighs in on Beyond Meat (NASDAQ: BYND) following its deal with Pepsi and the subsequent 30% spike in the stock. The analyst said the move in the stock overshoots the actual financial opportunity.
The analyst comments "We do not doubt that... More
Beyond Meat (BYND) surges 26% on deal with PepsiCo
January 26, 2021 8:53 AM ESTBeyond Meat (NASDAQ: BYND) surges 26% on deal with PepsiCo (NYSE: PEP).
... More
