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Why Beyond Meat Stock Dropped Monday

TheMotleyFool

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Shares of planted-based "meat" purveyor Beyond Meat (NASDAQ: BYND) got chopped up on Monday after analysts at Piper Sandler downgraded the stock from neutral to underweight -- and cut their price target on the stock by more than 40%, to just $29 a share.

Beyond Meat stock is down 3% as of 11:30 a.m. ET in response.

Image source: Getty Images.

Source Fool.com

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