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Fly News Breaks for April 12, 2016
YUM
Apr 12, 2016 | 18:24 EDT
CLSA analyst Jeremy Scott downgraded Yum! Brands to Underperform from Buy after assuming coverage of the name. He has an $82 price target for the shares. The analyst sees macro issues and intensifying competitive pressures in China continuing to complicate the Yum! growth story.
News For YUM;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.
