PepsiCo (PEP) IV flat at 23
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Beyond Meat (BYND) Deal with Pepsi a 'Significant Win' - Berenberg
January 26, 2021 12:09 PM ESTBerenberg analyst Donald McLee views Beyond Meat's (NASDAQ: BYND) deal with PepsiCo (NYSE: PEP) as a big win.
"Overall, we view this deal as a significant win for BYND, as it potentially expands BYNDs addressable market... More
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
