Tag: BTIG analyst Peter Saleh
-
Why the Beyond Meat Stock is Pushing Higher
Earlier this week, we highlighted Beyond Meat (BYND) as a potential opportunity. At the time, it traded around $63 a share. Today, it’s up to $66.75 on news McDonald’s is rolling out a test of BYND’s plant based burgers in 600 stores in Texas. It’s also up on news it will release a vegan beef…
-
Don’t Count Out Beyond Meat Just Yet
The market has made mincemeat out of BYND in recent months. However, with a strong plant based food markets, give it time. According to analysts at Credit Suisse, plant based food could increase 100-fold to $1.4 trillion by 2050. In fact, they believe that a plant-based shift in global food systems in “inevitable,” as noted…