Piper Sandler downgrades Beyond Meat to underweight, says second-half sales could fall short
[ad_1]
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City.
Piper Sandler reports that Beyond Meat’s shipment data shows that the company is not performing well in the second quarter. Angela Weiss| AFP | Getty Images
Shipment data for Beyond Meat is sending warning signals about the company’s performance in the second half of the year, according to Piper Sandler.
[ad_2]