Description: Shares of Beyond Meat Inc. BYND, -3.91% sank 3.2% in midday trading Thursday, after analyst Brian Holland at D.A. Davidson started coverage of the plant-based meat company with a rare bearish rating, citing concerns over the total addressable market of “non-meat” eaters over the longer term.
Date: Sep 06, 2019
Questions for discussion:
- What is the basis of the analysis and the future valuation for the stock?
- Do you agree?