Beyond Meat says it plans to increase prices to boost its profit margin. It also plans $70 million of cost cuts and will discontinue some products, like its plant-based jerky. US sales fell by a third ...
Barclays analyst Seth Sigman lowered the firm’s price target on Beyond (BYON) to $8 from $14 and keeps an Equal Weight rating on the shares. The firm lowered estimates following the company’s Q3 ...
Maxim lowered the firm’s price target on Beyond (BYON) to $26 from $33 and keeps a Buy rating on the shares. The firm cites the company’s Q3 earnings miss and a weak Q4 outlook, noting however that ...