BMO Capital Maintains Market Perform on Beyond Meat, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a 'Market Perform' rating on Beyond Meat (NASDAQ:BYND) but lowered the price target from $13 to $7.
November 09, 2023 | 7:27 pm
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Beyond Meat's price target has been lowered from $13 to $7 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a bearish outlook for Beyond Meat in the short term. This could potentially lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100