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Beyond Meat Analyst Sees Uncertainty Ahead, Downgrades Stock
Thursday, March 19, 2020 - 12:39pm | 295Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) is overexposed to the food service sector and current coronavirus-related headwinds warrant a shift to a bearish stance, according to BofA Securities. The Beyond Meat Analyst Bryan Spillane downgraded Beyond Meat's stock from Neutral to...
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Plant Based Food Association: Retail Sales Up 11% In 2019 To $5B
Wednesday, March 4, 2020 - 12:27pm | 392Read More...Data from the Plant Based Foods Association and The Good Food Institute said in a Tuesday press release it found U.S. retail sales of plant-based food rose 11.4% in 2019 to $5 billion. What Happened Data compiled from the two entities found that plant-based food retail sales outpaced the broader U....
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2 Consumer Catalysts That Should Benefit Beyond Meat
Wednesday, March 4, 2020 - 9:50am | 323Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) should be considered the "leading company" in the alternative food space and investors should be buyers of the stock, according to Argus. The Beyond Meat Analyst Jim Kelleher initiated coverage of Beyond Meat's stock with a Buy...
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Beyond Meat Vs. Impossible Foods: Product Offerings And Pricing
Tuesday, March 3, 2020 - 4:15pm | 1027Read More...It's time for the battle of plant-based food companies: Beyond Meat Inc (NASDAQ: BYND) versus Impossible Foods. Which company's products reign supreme? Which tastes better? Who wins on cost and distribution? Beyond Meat Los-Angeles-based Beyond Meat was founded in 2009 by CEO Ethan Brown...
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Impossible Foods Slashes Prices By 15% On Average
Tuesday, March 3, 2020 - 12:44pm | 396Read More...The competitive environment within the plant-based food industry is likely to heat up after Impossible Foods said Tuesday it reduced wholesale prices by 15% on average. The Impossible Foods News Impossible Foods, the maker of the Impossible Burger, will lower the price it asks for plant-based...
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Beyond Meat CEO Talks Health Claims, Asia And More With Cramer
Tuesday, March 3, 2020 - 10:20am | 498Read More...Beyond Meat Inc (NASDAQ: BYND) doesn't want to be known as a food company in the traditional sense, rather an "innovation engine" dedicated to addressing growing demand for alternative protein products, company CEO Ethan Brown said Monday on CNBC's "Mad Money." What...
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Disney The Latest To Add Impossible Foods Plant-Based Burgers
Wednesday, February 26, 2020 - 11:10am | 415Read More...Walt Disney Co (NYSE: DIS) will host an event on Thursday to mark its new partnership with Impossible Foods. What Happened Impossible Foods will see its Impossible Burger featured across Disney's parks, resorts and cruise lines. Most notably, plant-based options will be featured inside Disney...
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KFC Will Test Out More 'Beyond Fried Chicken'
Wednesday, January 29, 2020 - 10:23am | 371Read More...Fast-food chain Kentucky Fried Chicken announced Wednesday it will expand testing a plant-based chicken product made by Beyond Meat Inc (NASDAQ: BYND) to two new markets. Several KFC restaurants in Charlotte, Nashville, and surrounding areas, will offer customers its new Beyond Fried Chicken menu...
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JPMorgan Downgrades Beyond Meat On Valuation
Tuesday, January 28, 2020 - 2:20pm | 348Read More...One of Beyond Meat Inc's (NASDAQ: BYND) earliest bull analysts downgraded the stock on Tuesday. The Analyst Ken Goldman downgraded the plant-based food maker's stock from Overweight to Neutral with a price target lowered from $138 to $134. The Thesis Goldman was among the first Street...
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Kroger Gets Into The Podcast Business, Announces 5 Food Trends For 2020
Monday, January 27, 2020 - 12:59pm | 400Read More...Grocery chain Kroger Co (NYSE: KR) announced last week it will host a podcast hosted by cookbook author and TV personality Danielle Kartes. Kroger's (NYSE: KR) Podcast Kroger's podcast is titled "Noshtalgia" and will focus on sharing food memories and provide listeners with a...
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Beyond Meat Burgers Are Coming To Denny's
Monday, January 27, 2020 - 11:55am | 436Read More...Family restaurant chain Denny's Corp (NASDAQ: DENN) announced Monday it will offer plant-based burger options made by Beyond Meat Inc (NASDAQ: BYND) at more than 1,700 stores. What Happened Denny's said in a press release it's the first restaurant chain in the family dining category to...
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Panera, Ruby Tuesday's Offer More Plant-Based Meat And Food Products
Tuesday, January 21, 2020 - 10:06am | 389Read More...Vegans looking for more dining out options will be happy to know that two new chains recently introduced or plan on bolstering up plant-based food options to their menu. Panera Bread Panera Bread's menu is already 25% plant-based, but the chain wants to increase this ratio to 50% over the next...
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Wells Fargo Analyst Says Beyond Meat's Stock Has Downside To $72
Thursday, January 16, 2020 - 3:44pm | 391Read More...Beyond Meat Inc's (NASDAQ: BYND) stock has downside potential of more than 30%, Wells Fargo analyst John Baumgartner said Thursday in a CNBC interview. Beyond Meat's stock recently moved north of $100 per share amid three favorable news reports, Baumgartner said. They are: Beyond...
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Impossible Whopper Added To Burger King's '2 For $6' Deal Menu
Thursday, January 16, 2020 - 9:39am | 320Read More...Burger King's promotion of two items for $6 will now include its plant-based Impossible Whopper sandwich. The Restaurant Brands International Inc (NYSE: QSR) chain said the inclusion in the "2 for $6" will be available for a limited time at participating restaurants. The sandwich...
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Bernstein Says Beyond Meat's Stock Has Moved Too High, Too Fast
Wednesday, January 15, 2020 - 10:35am | 363Read More...Bernstein upgraded plant-food maker Beyond Meat Inc (NASDAQ: BYND) back in November, but is moving back to the sidelines due to valuation concerns. The Analyst Alexia Howard downgraded Beyond Meat from Outperform to Market Perform with an unchanged $106 price target. The Thesis Beyond Meat's...
