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Fly News Breaks for August 20, 2019
BYND
Aug 20, 2019 | 07:20 EDT
JPMorgan analyst Ken Goldman upgraded Beyond Meat to Overweight from Neutral, citing the potential to acquire new foodservice customers, continued strength in measured data and valuation. While he notes that the secondary offering spooked investors, founder and CEO Ethan Brown trimmed just a tiny portion of his holdings, Goldman tells investors in a research note. The analyst thinks the stock is appealing once again with cash-on-hand likely to exceed $300M by the end of the third quarter, and says another guidance raise is potentially ahead.
News For BYND From the Last 2 Days
BYND
Apr 25, 2024 | 08:45 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: Luminar Technologies (LAZR) 24.73% +5.07, Spring Valley Acquisition Corp (SMR) 22.39% +3.98, ImmunityBio (IBRX) 74.40% +3.41, Lucid Group (LCID) 33.21% +2.31, ALTC Acquistion Corp (ALCC) 5.21% +1.04, Beyond Meat (BYND) 59.00% +0.68, Energy Fuels (UUUU) 2.23% +0.37, SoundHound AI (SOUN) 13.94% +0.32, Microvision (MVIS) 14.83% +0.31, and Cassava Sciences (SAVA) 21.42% +0.27.