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- JakeCJakeC
  ·2021-05-24
  Bullish gap up
  Beyond Meat Gains On Double Upgrade From Bernstein
  Beyond Meat shares rose nearly 8% Monday following a double upgrade to outperform from Bernstein’s A
  Beyond Meat Gains On Double Upgrade From Bernstein
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Brands Inc (NYSE:YUM) and PepsiCo (NASDAQ:PEP).</p><p>The company’s last quarter results reflected the growing competition for the company.</p><p>Beyond Meat’s shares have more than halved from their 52-week high of $220.8, falling back after the company reported losses that ballooned to $25.1 million in the fourth quarter of 2020 from a $500,000 loss in the same period in 2019.</p><p>The company last month opened its first manufacturing plant in China. 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Brands Inc (NYSE:YUM) and PepsiCo (NASDAQ:PEP).</p><p>The company’s last quarter results reflected the growing competition for the company.</p><p>Beyond Meat’s shares have more than halved from their 52-week high of $220.8, falling back after the company reported losses that ballooned to $25.1 million in the fourth quarter of 2020 from a $500,000 loss in the same period in 2019.</p><p>The company last month opened its first manufacturing plant in China. Its inaugural plant in Europe is also expected to debut this year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCD":"麦当劳","BYND":"Beyond Meat, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137539921","content_text":"Beyond Meat shares rose nearly 8% Monday following a double upgrade to outperform from Bernstein’s Alexia Howard.Howard set a $130 target for the stock, 22% higher from the stock’s Friday closing of $106.59.The analyst called for buying the dip as the alternative meat company’s sales should rise again on wider reopening of the economy, also helped by its recent tie-ups with McDonald’s (NYSE:MCD), Yum! Brands Inc (NYSE:YUM) and PepsiCo (NASDAQ:PEP).The company’s last quarter results reflected the growing competition for the company.Beyond Meat’s shares have more than halved from their 52-week high of $220.8, falling back after the company reported losses that ballooned to $25.1 million in the fourth quarter of 2020 from a $500,000 loss in the same period in 2019.The company last month opened its first manufacturing plant in China. Its inaugural plant in Europe is also expected to debut this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}