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Why Beyond Meat's Stock Is Trading Higher Today

Beyond Meat Inc (NASDAQ: BYND) shares are trading higher on Tuesday. BTIG initiated coverage on Beyond Meat's stock with a Buy rating and announced a price target of $173.

Benzinga · 05/19/2020 14:44

Beyond Meat Inc (NASDAQ: BYND) shares are trading higher on Tuesday.

BTIG initiated coverage on Beyond Meat's stock with a Buy rating and announced a price target of $173.

Beyond Meat is a Los Angeles-based producer of plant-based meat substitutes. The company was founded in 2009 by Ethan Brown.

Beyond Meat shares were trading up 9.05% at $141.80 at the time of publication on Tuesday. The stock has a 52-week range between $239.71 and $48.18.

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