TD Cowen Initiates Coverage On Beyond Meat with Underperform Rating, Announces Price Target of $10
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow has initiated coverage on Beyond Meat (NASDAQ:BYND) with an Underperform rating and a price target of $10.
September 13, 2023 | 9:37 am
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Beyond Meat's stock may be negatively impacted in the short term due to the Underperform rating and low price target set by TD Cowen.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Given that TD Cowen has initiated coverage on Beyond Meat with an Underperform rating and a relatively low price target of $10, this could lead to negative sentiment among investors and potential downward pressure on the stock in the short term.
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