Barclays Lowers Beyond Meat Price Target to $1; Waymo Expands Freeway Operations
November 13, 2025 - 02:27
In a significant market development, Barclays has dramatically reduced its price target for Beyond Meat (BYND) to just $1 per share. This decision underscores the growing concerns surrounding the plant-based meat company's financial performance and market viability. Investors are closely monitoring this shift as it reflects broader challenges faced by the alternative protein sector.
In other news, Bath & Body Works (BBWI) has also experienced a downgrade from Raymond James, indicating potential struggles in the retail space. The downgrade comes amid changing consumer preferences and increased competition in the market.
On a more positive note, Waymo, the self-driving technology company owned by Google, has received approval to operate its autonomous ride-hailing services on freeways in major cities such as San Francisco, Los Angeles, and Phoenix. This expansion marks a significant milestone for the company as it seeks to enhance its presence in the autonomous vehicle market and improve urban mobility solutions.
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