Mizuho Maintains Underperform on Beyond Meat, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained an Underperform rating on Beyond Meat (NASDAQ:BYND) but raised the price target from $5 to $7.
February 29, 2024 | 3:12 pm
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Mizuho analyst John Baumgartner maintains an Underperform rating on Beyond Meat but increases the price target from $5 to $7.
The maintenance of an Underperform rating suggests a negative outlook on Beyond Meat's stock, despite the increase in price target. This could indicate skepticism about the company's near-term prospects, potentially leading to a negative impact on the stock price in the short term.
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