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Fly News Breaks for July 14, 2016
YUM
Jul 14, 2016 | 07:12 EDT
Stifel recommends aggressively buying Yum! after the company reported higher than expected Q2 EPS but in-line Q2 comps. The firm says that the company's higher than expected 2016 EBIT growth guidance was the most important aspect of the results, and it thinks the stock is undervalued. It keeps a $100 price target and Buy rating on the shares.
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