Beyond Meat Fills Analyst With 'New-Found Enthusiasm' After Major Brand Deals | 02.03.21 | finanzen.at

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02.03.2021 17:44:00

Beyond Meat Fills Analyst With 'New-Found Enthusiasm' After Major Brand Deals

Beyond Meat (NASDAQ: BYND) recently signed new partnership agreements with McDonald's (NYSE: MCD), PepsiCo (NASDAQ: PEP), and Yum! Brands (NYSE: YUM) and Citigroup analyst Wendy Nicholson says she's filled with "new-found enthusiasm for the longer-term story" of the plant-based meat alternative company.Last year might not have ended well for Beyond Meat, but those issues were short-term in nature because of the COVID-19 pandemic undermining the foodservice category and raising costs. Going forward, the situation looks much brighter.Image source: Getty Images.Continue reading
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