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 $2 to just $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% ...