Piper Sandler raised the firm’s price target on Yum! Brands (YUM) to $158 from $157 and keeps a Neutral rating on the shares following quarterly results. The firm notes that concurrent with the release, Yum! announced that it has initiated a review of strategic options for its Pizza Hut brand, with said review involving the exploration of “a range of strategic options.”
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Read More on YUM:
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