Bernstein double upgrades Past Meat, says purchase the dip on this reopening play
Past Meat “Past Burger” patties made out of plant-based substitutes for meat merchandise sit on a shelf on the market in New York Metropolis.
Angela Weiss | AFP | Getty Photographs
It is time for traders to purchase the dip in Past Meat to reap the benefits of a coming rebound, in accordance with Bernstein.
The inventory has struggled in current months, falling 44% since a short spike in late January. Analyst Alexia Howard gave the choice meat firm a uncommon double improve, transferring the score to outperform from underperform and saying that gross sales ought to achieve steam once more because the financial reopening widens.
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