JPMorgan analyst Ken Goldman downgraded Beyond Meat to Neutral from Overweight with a price target of $134, down from $138. The shares closed Monday up $5.26 to $124.75. The analyst sees a “more balanced risk/reward outlook” with the shares up 65% this month. With a “variety of optimistic news stories” baked in and the stock, it is prudent to head for the sideline once again, Goldman tells investors in a research note. The analyst continues to believe Street estimates for 2020 and 2021 are too conservative, but with only 7% upside to his December 2020 price target, he no longer sees a “compelling valuation argument.”