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Fly News Breaks for August 19, 2015
YUM
Aug 19, 2015 | 09:19 EDT
After Yum announced a new China CEO, Bernstein says that the timing of the move makes sense, since the division is facing new challenges. The firm says that the company's statement that it is seeing "significantly positive" China comps "ais clearly encouraging." Bernstein keeps a $109 price target and Outperform rating on the shares.
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