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Fly News Breaks for February 12, 2020
IMAB, INDO, PLD, ARDX, BYND
Feb 12, 2020 | 10:20 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Beyond Meat (BYND) initiated with a Neutral at Piper Sandler. 2. Ardelyx (ARDX) initiated with a Buy at Citi. 3. Prologis (PLD) resumed with an Overweight at Morgan Stanley. 4. Indonesia Energy (INDO) initiated with a Buy at Aegis. 5. I-MAB (IMAB) initiated with a Buy at China Renaissance. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
News For BYND;ARDX;PLD;INDO;IMAB From the Last 2 Days
BYND
Jan 20, 2022 | 09:06 EST
McDonald's (MCD) is expanding its test of the plant-based McPlant burger created with Beyond Meat (BYND), CNBC's Amelia Lucas reports. Starting February 14, McDonald's will roll out the burger at roughly 600 locations in the San Francisco Bay and Dallas-Fort Worth areas. Reference Link
BYND
Jan 19, 2022 | 17:16 EST
PepsiCo (PEP) and Beyond Meat (BYND) are targeting a vegan jerky snack as the first product in their joint venture, Bloomberg's Deena Shanker and Leslie Patton report, citing people familiar with the matter. The companies announced the creation of the Planet Partnership last January, saying that it would focus on creating, producing and marketing new plant-based snacks and drinks. Beyond Meat and PepsiCo declined to comment, the authors note. Reference Link
PLD
Jan 19, 2022 | 08:03 EST
Reports Q4 revenue $1.28B, consensus $1.05B. "Demand for our 1 billion square foot global portfolio shows no signs of slowing and we are positioned ideally to meet our customers' most critical real estate needs," said CEO Hamid Moghadam. "In tandem, we remain focused on key customer-centric initiatives around energy, technology, labor, data and other aspects of our growing Essentials business."