Beyond Meat Stock Surges On Barclays Double Upgrade, Price Boost


Updated at 12:47 pm EST

Beyond Meat  (BYND) – Get Beyond Meat, Inc. Report shares jumped higher Monday after analysts at Barclays issued a ‘double upgrade’ on the plant-based food group, noting its potential in the U.S. market isn’t being reflected in its stock price. 

Barclays analyst Benjamin Theurer lifted his rating on the stock by two notches, to “overweight”, and boosted his price target on the stock by $10, to $80 a share, citing “more positives than negatives” in the U.S. consumer market for alternative meat products. 

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