Beyond Meat’s Paper Gains: The Accounting Tricks Behind a Seemingly Brighter Picture

When Barclays analyst Benjamin Theurer lifted his price target on Beyond Meat from $0.50 to $10.00 on August 17, the headline number looked like a dramatic vote of confidence. Twentyfold increases in price targets don’t happen every day. But the bank kept its “Underweight” rating firmly in place — a tell that the move was […] The post Beyond Meat’s Paper Gains: The Accounting Tricks Behind a…