BYND is a BUY with a $300 Price Target before September!!!
BYND
is the hottest thing in food right now and for many reasons....it tastes like an actual burger. I've never tried their other products but the Beyond Burger is very tasty. The new deal they inked with NYSE:APRN is very strategic and I believe a true winner for both companies. Yes, I am BULLISH NYSE:APRN as well and think it will be purchased by
BYND
for $500M---5x from current market cap.
BYND
will own the majority of the vegan meat space because of the strong branding i larger distribution network. Going forward with the NYSE:APRN deal---
BYND
will sell more direct to consumer and get vegan meat to consumers at a cheaper price ---increasing demand and revenue. Grocers mark up the product 100% so this deal will allow
BYND
to increase margins while selling the product to consumers for cheaper. Thank you for reading,
Best,
A