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Fly News Breaks for April 22, 2015
YUM
Apr 22, 2015 | 07:42 EDT
Oppenheimer says that Yum reported "very impressive" China margins. The firm sees compelling optionality in the stock as its ex-China business becomes more appreciated and China becomes a driver of earnings beats. The firm keeps a $90 price target and Outperform rating.
News For 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.
