Expectations were high heading into Beyond Meat’s report on Thursday, with its shares having jumped about 400% since its initial public offering a month ago. At least three brokerages raised their price targets, with Credit Suisse being the most bullish, upping its target by $55 to $125. Its forecast did not include the current trials Beyond Meat is undertaking with fast-food chains such as Canada’s Tim Hortons, Del Taco and Carl’s Jr.
