Beyond Meat beats revenue estimates on gains from price hikes

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Beyond Meat Inc. (BYND) PT Lowered to $6 at Jefferies

August 8, 2024 7:02 AM EDT

Jefferies analyst Kaumil Gajrawala lowered the price target on Beyond Meat Inc. (NASDAQ: BYND) to $6.00 (from $8.00) while maintaining a Hold rating.

The analyst comments "Innovation and marketing have laid the foundation for a sales recovery, but it is early. Guidance didn't change,... More