Mizuho Maintains Underperform on Beyond Meat, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner maintains an Underperform rating on Beyond Meat (NASDAQ:BYND) and lowers the price target from $7 to $6.
April 22, 2024 | 11:09 am
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Mizuho analyst John Baumgartner maintains an Underperform rating on Beyond Meat and lowers the price target from $7 to $6.
The reduction in price target by Mizuho reflects a negative outlook on Beyond Meat's stock, suggesting a potential decrease in its market value in the short term. The Underperform rating indicates that the analyst believes the stock will perform worse than the broader market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100