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Fly News Breaks for July 15, 2015
YUM
Jul 15, 2015 | 13:57 EDT
Stifel would be aggressive buyers of Yum! Brands on current weakness. The firm said some investors maybe confused after the call related to the China business as the 'tone' did not resonate positively. Stifel said management did give updated 2H China store-level guidance that was +10% to +15% above prior Street expectations. Stifel rates shares a Buy with $110 price target.
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