Barclays double upgrades Beyond Meat on view that restaurant partnerships will boost stock

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Jesse Pound@/in/jesse-pound@jesserpound
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The "P.L.T." sandwich is arranged for a photograph at a McDonald's Corp. restaurant in London, Ontario, Canada, on Wednesday, Jan. 8, 2020.
Cole Burton | Bloomberg | Getty Images

Beyond Meat is gaining traction in restaurant chains and that should help the stock bounce back, according to Barclays.