Piper Sandler cut the price target on Beyond Meat, Inc. (NASDAQ: BYND) from $9 to $8. Piper Sandler analyst Michael Lavery maintained the stock with an Underweight. Beyond Meat shares rose 0.7% to $16.14 in pre-market trading.
Pre-open movers
U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after recording losses on Tuesday. The Dow Jones closed lower by more than 300 points, while the Nasdaq Composite fell over 100 points in the previous session.
DA Davidson cut the price target for The Estée Lauder Companies Inc. (NYSE: EL) from $342 to $318. Estée Lauder shares fell 0.4% to $264.29 in pre-market trading.