beyond meat declined friday after the stock was downgraded to sell from hold by analysts at argus research who cited weak demand and wide losses at the maker of plantbased meat alternatives beyond meat ticker bynd has sold its products to fastfood chains such as pizza hut kfc and mcdonald’s and retail outlets but the analysts led by kristina ruggeri wrote that demand for plantbased protein has dipped as consumers look for less expensive options further competition within the space is growing and the company has been hit “by ‘low utilization’ charges and termination fees from comanufacturers”