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Fly News Breaks for March 12, 2018
YUM, GRUB
Mar 12, 2018 | 09:04 EDT
Cowen analyst Thomas Champion raised his price target on GrubHub to $115 from $96 as he sees further upside to estimates as the Street begins to recognize the opportunity in 2019. He sees drivers including KFC/Taco Bell delivery, an expanded delivery footprint, and Pizza Hut cooperation. Champion reiterated his Outperform rating on GrubHub shares.
News For GRUB;YUM From the Last 2 Days
YUM
Apr 23, 2024 | 05:57 EDT
Citi lowered the firm's price target on Yum! Brands to $162 from $166 and keeps a Buy rating on the shares ahead of the Q1 report. The analyst expects Yum continues to voice confidence in 5% unit growth, and its digital initiatives are growing sales for franchisees. The firm views the company's near-term outlook as "shakier" than the long-term.
