One Wall Street firm just slashed Beyond Meat's price target by nearly 25% (BYND)

Bernstein lowered its Beyond Meat price target to $130 from $172 in a Friday note. Shares slid as much as 6.8% on the news. 
The lower target stems from Bernstein's reduction of the company's enterprise-value-to-sales multiple to 15 times from 20 times.
Bernstein still expects that Beyond Meat will post solid full-year sales, but says investors will need an update on the competitive landscape from the plant-meat company.
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One Wall Street firm