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Fly News Breaks for November 9, 2015
YUM
Nov 9, 2015 | 09:33 EDT
As previously reported, OTR Global downgraded Yum! Brands to Negative from Mixed. The firm said weak promotions and high prices have hurt transactions at KFC stores in China during October, and sales at Pizza Hut remain sluggish despite a new menu.
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.
