Piper Sandler Maintains Neutral on Beyond, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith maintains a Neutral rating on Beyond Meat (NYSE:BYON) and lowers the price target from $14 to $8.

October 25, 2024 | 2:39 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Beyond Meat but significantly lowered the price target from $14 to $8, indicating a less optimistic outlook.
The reduction in price target from $14 to $8 by Piper Sandler suggests a negative outlook on Beyond Meat's stock performance. This is likely to impact investor sentiment negatively, leading to potential short-term downward pressure on the stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100