Beyond Meat (BYND) Reports Weak Q4 But Gains on Deals with McDonald's (MCD) and Yum (YUM), Analyst Encouraged but Don't Expect Impact Before 2022

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Citi Upgrades Beyond Meat Inc. (BYND) to Buy

March 2, 2021 7:15 AM EST

Citi analyst Wendy Nicholson upgraded Beyond Meat Inc. (NASDAQ: BYND) from Neutral to Buy with a price target of $184.00 (from $141.00).

The analyst comments "BYND reported a disappointing end to 2020, with sales, margins and EBITDA coming in below the Streets expectations, largely owing to weak... More