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Fly News Breaks for March 2, 2020
BYND
Mar 2, 2020 | 07:12 EDT
Credit Suisse analyst Robert Moskow lowered the firm's price target on Beyond Meat to $118 from $125 and keeps a Neutral rating on the shares. The analyst notes that while Beyond's Q4 revenue and EBITDA exceeded expectations and management guided fiscal year 2020 revenue above consensus, EBITDA guidance was below consensus due to investments in capacity, marketing, R&D, and international distribution to support revenue growth.
News For BYND From the Last 2 Days
BYND
Mar 28, 2024 | 09:05 EDT
Beyond Meat announced a newly renovated and expanded line of Beyond Crumbles rolling out now in the freezer aisle at grocery stores across the U.S. "We continue to innovate across our product lines to deliver delicious taste and health benefits alike. For consumers who love the taste and versatility of beef, but want to reduce saturated fat and cholesterol in their diet, Beyond Crumbles offer a convenient, healthy protein for the center of the plate. Beyond Crumbles' strong nutritional profile, coupled with its simple and clean ingredient list, earned the product certification by the American Heart Association's Heart-Check program and the American Diabetes Association's Better Choices for Life program," said Beyond Meat Founder and CEO Ethan Brown.