-
Beyond Meat Analysts Pessimistic About Pepsi Deal, Stock Pop
Tuesday, January 26, 2021 - 2:45pm | 455Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) deserves credit for striking a partnership with PepsiCo, Inc. (NASDAQ: PEP) but the stock's reaction "overshoots the actual financial opportunity," according to JPMorgan. Whenever a small company like Beyond Meat strikes any sort...
-
JPMorgan Downgrades Beyond Meat On Crazy Valuation
Friday, September 18, 2020 - 9:42am | 342Shares of Beyond Meat Inc (NASDAQ: BYND) are trading lower after JPMorgan turned bearish on the plant-based food maker. The Beyond Meat Analyst: Ken Goldman downgraded Beyond Meat's stock from Neutral to Underweight with an unchanged $122 price target. The Beyond Meat Thesis: Beyond...
-
JPMorgan Downgrades Beyond Meat On Valuation
Tuesday, January 28, 2020 - 2:20pm | 348One of Beyond Meat Inc's (NASDAQ: BYND) earliest bull analysts downgraded the stock on Tuesday. The Analyst Ken Goldman downgraded the plant-based food maker's stock from Overweight to Neutral with a price target lowered from $138 to $134. The Thesis Goldman was among the first Street...
-
Beyond Meat Products 'Catching On With Consumers,' JPMorgan Says In Upgrade
Tuesday, August 20, 2019 - 11:16am | 389Shares of plant-based food maker Beyond Meat Inc (NASDAQ: BYND) have lost around 40% of their value since peaking at $239.71, and investors should buy the dip, according to JPMorgan. The Analyst Ken Goldman upgraded Beyond Meat from Neutral to Overweight with a price target lifted from $...
-
JPMorgan Says Beyond Meat 'Beyond Our Price Target,' Cramer Highlights 'Irrational' Move
Tuesday, June 11, 2019 - 12:04pm | 488The meat alternative maker Beyond Meat Inc (NASDAQ: BYND) has seen its stock skyrocket 600 percent since its initial public offering, prompting JPMorgan to say shares are "beyond our price target," CNBC reported. The Analyst Ken Goldman downgraded Beyond Meat rating from...
-
What's The Beef? Analysts Initiate Coverage On Beyond Meat
Tuesday, May 28, 2019 - 1:26pm | 553Beyond Meat Inc (NASDAQ: BYND) makes a plant-based food product meant to serve as a substitute for meat. The stock has more than tripled since its IPO debut in early May and on Tuesday, multiple Street analysts released their initial recommendations on the stock. JPMorgan: $5B Revenue Opportunity...
-
Beyond Meat Holds Tremendous Growth Opportunity, JPMorgan Says In Bullish Initiation
Tuesday, May 28, 2019 - 10:45am | 374While Beyond Meat Inc (NASDAQ: BYND) has a differentiated product and faces an expansive total addressable market, its margin upside seems underappreciated, according to JPMorgan. The Analyst JPMorgan’s Ken Goldman initiated coverage of Beyond Meat with an Overweight rating and $97 price...
-
10 Reasons Why JPMorgan Turned Bearish On Dean Foods
Friday, August 17, 2018 - 3:59pm | 419JPMorgan named multiple risks it's projecting for Dean Foods Co (NYSE: DF) as the driver of its Friday downgrade of the stock. The Analyst Analyst Ken Goldman downgraded Dean Foods from Neutral to Sell and lowered the price target from $9 to $6. The Thesis Dean Foods is...
-
JPMorgan Loses Its Appetite For Campbell Soup
Friday, August 10, 2018 - 10:36am | 431Activist investor and major Campbell Soup Company (NYSE: CPB) shareholder Dan Loeb is pushing the soup company to sell itself, but this is an unlikely outcome, according to JPMorgan. The Analyst JPMorgan's Ken Goldman downgraded Campbell Soup from Neutral to Underweight with an unchanged $...
-
Taking A Closer Look At Tyson Foods And The Chicken Complaint
Monday, October 10, 2016 - 10:00am | 315Tyson Foods, Inc. (NYSE: TSN) shares were down 8.9 percent on Friday following a complaint of alleged collusion among chicken producers. Pilgrim’s Pride Corporation (NASDAQ: PPC) and Sanderson Farms, Inc. (NASDAQ: SAFM) shares also sold off more than 4 percent each on the news. JPMorgan...
-
Mead Johnson Sales Could Inflect Higher, JPMorgan Says
Friday, July 29, 2016 - 4:05pm | 504JPMorgan reiterated its Overweight rating on Mead Johnson Nutrition CO (NYSE: MJN) shares after the company reported mixed results for the second quarter. The infant formula maker's EPS topped Street view, while the revenue lagged consensus. Mead Johnson expects full-year earnings in the range of $...
-
Sprouts Farmers Market Neutral At JPMorgan On Aggressive Estimates
Monday, July 18, 2016 - 8:30am | 294Although Sprouts Farmers Market Inc (NASDAQ: SFM) has a superior store concept, there is downside to near-tem comp estimates and its margins could erode over time, JPMorgan’s Ken Goldman said in a report. He initiated coverage of the company with a Neutral rating and a price target of $24...
-
JPMorgan Weighs In On The Probability For Higher Bids For WhiteWave Foods
Friday, July 8, 2016 - 9:30am | 230WhiteWave Foods Co (NYSE: WWAV) has announced it has agreed to be purchased by Danone. JPMorgan’s Ken Goldman downgraded the rating on WhiteWave Foods from Overweight to Neutral, while raising the price target from $48 to $56.25. Competing Bids Unlikely Goldman believes another bidder is...
-
JPMorgan Downgrades Sanderson Farms To Neutral On La Niña Impact
Friday, May 27, 2016 - 12:39pm | 379JPMorgan has downgraded Sanderson Farms, Inc. (NASDAQ: SAFM) to Neutral from Overweight, saying the "path to further outperformance has become less certain" due to the La Niña effect. The brokerage said the stock has gained 23 percent since its upgrade on January 11 and...
-
JPMorgan Raises Price Target On WhiteWave Foods
Wednesday, May 11, 2016 - 10:58am | 299WhiteWave Foods Co (NYSE: WWAV) reported 1Q16 earnings of $0.28 and raised its full year guidance. JPMorgan’s Ken Goldman maintained an Overweight rating on the company, while raising the price target from $41 to $48, saying the guidance raise hinted at improving trends. Goldman...