Beyond Meat Inc. stock fell 5.2% in Friday trading after the plant-based meat company was initiated at sell at CFRA with a $120 12-month target. Analyst Arun Sundaram expects Beyond Meat to face increased competition from large food companies. Tyson Foods Inc. and Kellogg Co. are among the businesses that have entered the space with their own plant-based alternatives.
Beyond Meat shares are falling because of what happened to a competitor. Reuters reported Dave & Buster’s was bumping Beyond peer Impossible Foods, testing instead the new Lightlife brand made by competitor Maple Leaf Foods.
WHY I THINK THE MARKET IS GOING DOWN ?
1) The market is overvalued.
2) Too many competitors like impossible meat.
3) Plant based burgers not hard to make.
Beyond Meat shares are falling because of what happened to a competitor. Reuters reported Dave & Buster’s was bumping Beyond peer Impossible Foods, testing instead the new Lightlife brand made by competitor Maple Leaf Foods.
WHY I THINK THE MARKET IS GOING DOWN ?
1) The market is overvalued.
2) Too many competitors like impossible meat.
3) Plant based burgers not hard to make.
トレード稼働中
If it does hit rock bottom, you can take an advantage and buy shortノート
buy you can. I brought from 80.9
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。