Barclays Maintains Equal-Weight on Beyond, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Beyond Meat (BYON) and reduced the price target from $30 to $22.

May 08, 2024 | 6:06 pm
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Barclays has maintained its Equal-Weight rating on Beyond Meat but lowered the price target from $30 to $22.
The reduction in price target by Barclays, a major financial institution, suggests a bearish outlook on Beyond Meat's short-term price potential. This adjustment reflects concerns or revised expectations about the company's future performance, which could lead to decreased investor confidence and a potential decrease in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100