Mizuho Maintains Underperform on Beyond Meat, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained an 'Underperform' rating on Beyond Meat (NASDAQ:BYND) and lowered the price target from $6 to $5.
August 26, 2024 | 12:47 pm
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Mizuho analyst John Baumgartner has maintained an 'Underperform' rating on Beyond Meat and lowered the price target from $6 to $5, indicating a bearish outlook.
The 'Underperform' rating and reduced price target suggest a negative outlook on Beyond Meat's stock, likely leading to a short-term decrease in stock price as investors react to the bearish sentiment.
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