Beyond Meat (BYND) Earnings: Weak Economics & Profit Inflection
b'Beyond Meat (BYND) stock price today is down over 4% after the earnings report was released. Is plant based meat and the Beyond Burger enough to keep the stock afloat? "Beyond Meat\'s striking gross margin miss is driven by weaker economics," says John Baumgartner. Mizuho has lowered the BYND stock price target and maintained a neutral rating. "The issue is that Beyond Meat cannot take cost out of their business faster than they have to bring the price down to respond to competition," adds Brian Holland.'