Why Beyond Meat Stock Dropped Today
Shares of Beyond Meat (NASDAQ: BYND) fell 6.7% on Monday, following an analyst downgrade.
On Friday, Citi analyst Wendy Nicholson began covering Beyond Meat's stock. She placed a sell rating and a $123 target price on its shares. The stock closed at $125.98 on Monday.
Citi analyst Wendy Nicholson is bearish on Beyond Meat stock. Image source: Getty Images.
Source Fool.com