based on expectations of slower sales.
"Beyond is an early leader in plant-based meat, but we believe its current all-channel retail momentum lags consensus expectations, and our foodservice estimates may be high, too," the firm wrote in a note to clients. Piper also cut its target on the stock from $120 to $95. The new target is roughly 14% below where the stock closed on Wednesday.
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Just discovered $SVFD as well - looks like an incredible company that is going to be making big waves in the food and climate industry... SaveFoodsInc ClimateAction
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