|Bid||95.38 x N/A|
|Ask||95.83 x N/A|
|Day's range||90.81 - 96.12|
|52-week range||82.50 - 167.66|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Piper Sandler analyst Michael Lavery cut his rating on Beyond Meat's stock from neutral to underweight and slashed his price forecast from $120 to $95. Analysts at Piper Sandler placed the equivalent of a sell rating on Beyond Meat's shares. While acknowledging that Beyond Meat remains a leader in the plant-based foods industry, Lavery warned that the company's sales could fall short of investors' expectations.
The stock is trying to settle below the $105 level.
Yahoo Finance's Brian Sozzi and Emily McCormick break down the morning's biggest stock movers including Cisco, Dutch Bros. and Beyond Meat.