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Beyond Meat price target lowered to 50c from $1 at Mizuho

Mizuho lowered the firm’s price target on Beyond Meat (BYND) to 50c from $1 and keeps an Underperform rating on the shares post the Q4 report. The firm says the company’s Q1 revenue was guided below consensus and its Street-low estimate. Beyond Meat is seeing pressure across all segments, the analyst tells investors in a research note.

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