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Fly News Breaks for October 21, 2015
YUM
Oct 21, 2015 | 08:58 EDT
RBC Capital increased its price target on Yum! to reflect the value created by the spin off of the company's China unit. However, the firm says that upside from the spin off is partially offset by the company's weaker than expected recovery in China. The firm keeps a Top Pick rating on the shares.
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.