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Fly News Breaks for October 3, 2018
YUM
Oct 3, 2018 | 16:49 EDT
KeyBanc analyst Eric Gonzalez initiated Yum! Brands with a Sector Weight rating. The analyst said 2018 is shaping up to be a noisy year, and believes the company is fairly valued. Gonzalez prefers to wait for signs of accelerating system-wide sales growth or a pullback in relative valuation before becoming more constructive on Yum! Brands' stock.
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.
