Beyond Meat Stock Is Surging on Short Squeeze, Meme Hopes, But This Analyst Warns Shares Could Crash 80% From Here
Beyond Meat (BYND) has been rather lucrative for meme stock enthusiasts in recent sessions, but a senior TD Cowen analyst warns it could crash as much as 80% from its current price. In a research note on Wednesday, Robert Moskow maintained his “Sell” rating on the plant-based meat alternatives company and lowered his price target further from 0.80. More News from Barchart Retail traders have already started dumping BYND stock in the Wednesday session. Shares are now down that’s down over 50% ...