BMO Capital Maintains Market Perform on Beyond Meat, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained a Market Perform rating on Beyond Meat (NASDAQ:BYND) and lowered the price target from $10 to $9.

May 09, 2024 | 3:10 pm
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Beyond Meat's price target has been lowered from $10 to $9 by BMO Capital, maintaining a Market Perform rating.
The reduction in price target by a notable analyst could lead to negative sentiment among investors, potentially causing a short-term decline in Beyond Meat's stock price. The maintenance of a Market Perform rating indicates a neutral long-term outlook, but the lowered price target suggests concerns about the company's near-term prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100