Credit Suisse analyst Robert Moskow raised his price target for Beyond Meat (BYND) to $125 from $115 while keeping a Neutral rating on the shares. The analyst increased his 2020 sales estimate to $470M from $380M and 2021 estimate to $681M from $535M. He also raised his EBITDA estimates to $44M from $28M and $78M from $44M. Moskow made the changes to reflect Beyond Meat's accelerated plans for production capacity expansion that management outlined on its last earnings call to meet near-term demand. The stock's 45% gain to start 2020 reflects positive investor reaction to news that McDonald's (MCD) expanded the number of test locations in Canada for its P.L.T. burger and the company's strengthened relationship with Dunkin' Brands (DNKN), Moskow tells investors in a research note.