NEW YORK, NY – MAY 2: Beyond Meat CEO Ethan Brown (C) celebrates with guests after ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City.
Drew Angerer | Getty Images News | Getty Images
Here are the biggest calls on Wall Street on Tuesday:
Bernstein upgraded Beyond Meat to ‘outperform’ from ‘market perform’
Bernstein upgraded the alternative meat company and said it sees a risk/reward “skewed towards the upside” after the company’s IPO lock-up expiration.
“Beyond Meat‘s stock price plunged from ~$148 in early October to ~$100 ahead of the IPO lock-up expiry and further declined to ~$80 after the lock-up expired on October 29. While the stock could remain volatile due to…