As previously reported, Maxim analyst Tom Forte initiated coverage of Beyond with a Buy rating and $50 price target. The firm contends that the company will be able to exploit the Consumer Internet trends of 2024 that include international expansion as well as Blockchain and Mobile opportunities, the analyst tells investors in a research note. Maxim further believes that the involvement of Marcus Lemonis with Beyond as Executive Chairman of the Board will help unlock shareholder value.
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