Aug 7 (Reuters) - Beyond Meat ( BYND ) raised its

forecast for annual revenue on Wednesday, as it benefits from a

string of price hikes on its plant-based meat products amid

sticky inflation, sending its shares up 16% after the bell.

The company expects net revenue in the range of $320 million

to $340 million for fiscal 2024, compared with its prior

forecast of $315 million to $345 million.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil

D'Silva)