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Fly News Breaks for July 15, 2016
YUM
Jul 15, 2016 | 09:05 EDT
Cowen believes Yum! Brands offers a favorable risk/reward following management commentary regarding its strong start to Q3. The firm sees Yum! Brands as pursuing the right fundamental strategy with its planned cash returns to shareholders through its China separation. Cowen reiterated its Outperform rating and raised its price target to $96 from $93 on Yum! Brands 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.
