Jefferies Maintains Hold on Beyond, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Matuszewski has maintained a Hold rating on Beyond Meat (NYSE:BYON) while lowering the price target from $14 to $11.
September 23, 2024 | 10:21 pm
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Jefferies has maintained a Hold rating on Beyond Meat but reduced the price target from $14 to $11, indicating a less optimistic outlook.
The reduction in price target from $14 to $11 by Jefferies suggests a less favorable view on Beyond Meat's short-term performance, likely leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100