Beyond Meat Could be a ‘Cautious Buy’
The bearish momentum that was weighing on Beyond Meat (NASDAQ: BYND) shares has just subsided. Yet, despite Beyond Meat stock recovering from its 95% peak-to-trough collapse, analysts remain cautious. Notwithstanding the fact that investors have lost interest in plant-based meat alternatives (sales were down more than 20% in Q4), I remain bullish on Beyond Meat…