Consumer Edge initiated coverage on shares of Beyond Meat (NASDAQ:BYND) in a research note released on Monday morning, Benzinga reports. The brokerage issued an equal weight rating and a $89.35 target price on the stock.

Separately, Sanford C. Bernstein started coverage on shares of Beyond Meat in a research note on Monday, May 6th. They issued an outperform rating on the stock.

Shares of BYND opened at $86.09 on Monday. Beyond Meat has a twelve month low of $45.00 and a twelve month high of $96.78.

In other Beyond Meat news, insider Dariush Ajami acquired 2,000 shares of the stock in a transaction dated Monday, May 6th. The shares were bought at an average cost of $25.00 per share, for a total transaction of $50,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Raymond J. Lane acquired 29,442 shares of the stock in a transaction dated Monday, May 6th. The stock was acquired at an average price of $25.00 per share, for a total transaction of $736,050.00. The disclosure for this purchase can be found here.

Beyond Meat Company Profile

Beyond Meat, Inc, a food company, manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells its products under the Beyond Beef, Beyond Chicken, The Beyond Burger, Beyond Meat, Beyond Sausage, Eat What You Love, and The Cookout Classic brand names.

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