TD Cowen analyst Robert Moskow lowered the firm’s price target on Beyond Meat (BYND) to $5 from $6 and keeps a Sell rating on the shares. The firm said its Q3 results beat estimates but they lowered the high end of their sales guidance which now implies a deceleration in 4Q at the mid-point.
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- Beyond Meat’s Global Expansion: Risky Investments in China and Europe Threaten Financial Stability
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