Goldman Sachs downgraded Toast to Neutral from Buy with a price target of $45, up from $34. The firm says that with the stock up 135% year-to-date, much of its positive outlook is reflected. It sees the risk/reward now as more balanced. Given the recent run in the stock, coupled with Goldman’s view that near-term fundamentals are likely to be somewhat stable, the firm is moving to the sidelines, the analyst tells investors in a research note.