Citi raised the firm’s price target on Yum! Brands (YUM) to $151 from $148 and keeps a Neutral rating on the shares ahead of the fiscal Q1 report. The shares have outperformed year-to-date and barring any major negative updates on global comp growth or store openings, this should persist through Q1 earnings, the analyst tells investors in a research note.
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Read More on YUM:
- Yum! Brands: Strong Start and Optimism Amid Global Challenges Justify Hold Rating
- Yum! Brands price target raised to $165 from $155 at Guggenheim
- Yum! Brands price target lowered to $174 from $176 at Baird
- Yum! Brands price target raised to $150 from $140 at Piper Sandler
- KFC Owner Yum Brands (NYSE:YUM) CEO to Retire Next Year
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