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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

Go back to 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

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