First TP is about 9,75. At the first stage it could hit 10$. We could see a rejection from the first TP till 9$. afterwards it could continue its rise to the second TP 11.5-11,70. At this level its definitely selling worth. I am owning this stock since 7,26$.
Beyond Meat posted better-than-expected earnings for the first quarter Tuesday, but warned that it saw a drop in sales at the end of March as the coronavirus pandemic shuttered restaurants around the country.
The company reported a net income of $1.8 million, or 3 cents per share, compared with a net loss of $6.6 million, or 95 cents per share, a year ago.