Beyond Meat is ‘Beyond Our Price Target,’ JPMorgan warns (BYND)

• Beyond Meat shares have surged more than 600% since the pricing of the company’s initial public offering on May 1.
• On Tuesday, JPMorgan downgraded the stock from to “neutral,” citing its valuation.
• Shares fell more than 11% on the news.

Source: Beyond Meat is ‘Beyond Our Price Target,’ JPMorgan warns (BYND)