Beyond Meat, Inc. BYND shares are trading higher after a Piper Sandler teen survey showed a strong interest in plant-based products among young consumers. Analysts also highlighted recent reports that McDonald's could launch a vegan burger in the U.K. using Beyond patties.
Piper Sandler raised its price target from $130 to $178.
Beyond Meat is a food company that manufactures, markets, and sells plant-based meat products in the United States and internationally.
Beyond Meat's stock was trading up 6.13% at $186.26 per share on Tuesday at the time of publication. The company has a 52-week high of $186.67 and a 52-week low of $48.18.
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