Beyond Meat Bull Sees $41 Billion Market for Faux Meat
Ethan Brown, founder and chief executive officer of Beyond Meat Inc., center, rings the opening bell during the company's IPO.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Beyond Meat Inc. just got its first sell-side bull after its splashy IPO last week.
The stock, up more than 200 percent since its trading debut last week, was rated a new outperform at Bernstein, and analyst Alexia Howard sees even more upside, albeit much smaller than its recent gains. Her price target of $81 implies an 5 percent appreciation from the stock’s current price.