Tuesday's top analyst upgrades and downgrades included American Airlines, Beyond Meat, Cimarex, Cloudflare, CSX, Exxon, Micron, NetApp and Unity Software.
Beyond Meat shares hit a multiyear high on Tuesday after the company announced that it would expand its long-standing relationship with Walmart.
Friday's top analyst upgrades and downgrades included AES, Ambarella, Beyond Meat, Bloom Energy, Facebook, Home Depot, SunPower, Tesla and Valero Energy.
Thursday's top analyst upgrades and downgrades included AGCO, Ambarella, Bank of America, Beyond Meat, Chipotle Mexican Grill, Costco Wholesale, CrowdStrike, Eli Lilly, JPMorgan, MongoDB, SmartSheet and Whiting Petroleum.
Beyond Meat reported its most recent quarterly results after the markets closed on Tuesday, and shares retreated early Wednesday.
Chris Lange This is a preview of a few of the most anticipated quarterly reports due this week, including CVS Health, Uber and Walt Disney.
Tuesday's top analyst upgrades and downgrades included ADM, Beyond Meat, Bristol-Myers, Carvana, CRISPR, FirstEnergy, Peloton, Shopify, Tesla, Uber and Visa.
Friday's top analyst upgrades and downgrades included Beyond Meat, Charter Communications, Comerica, Equifax, Fastly, Harley-Davidson, Netflix, Splunk and Wells Fargo.
Thursday's top analyst upgrades and downgrades included Alibaba, Bank of America, Beyond Meat, Chipotle Mexican Grill, First Solar, Microsoft, Plug Power, Square, Tesla and Valero Energy.
Monday's top analyst upgrades and downgrades included Amazon.com, Beyond Meat, Diamondback Energy, Enphase Energy, Groupon, Nuance Communications, PG&E, Spotify and ZoomInfo,
Beyond Meat has announced a new product line just in time for summer, and one key analyst has hiked his target price for the faux meat firm as well.
Chris Lange Which retailer wouldn’t want to have a hit with Chinese consumers? Investors have an appetite for Beyond Meat as it makes fresh inroads into China, the world’s largest consumer market.
Beyond Meat has taken advantage of expanding interest in vegan products as the COVID-19 pandemic reduced meat supplies, but competitor Impossible Foods has thrown down the gauntlet with a new direct-to-consumer website.
Although one major food producer was slapped by a European court this week, plenty of competitors are chasing the plant-based protein market. Beyond Meat is headed for China.
Beyond Meat could benefit if the coronavirus and concerns about meat-processing workers and the environment change people’s diets.
