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.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YUM:
- Yum! Brands price target raised to $162 from $156 at TD Cowen
- Yum! Brands price target raised to $177 from $167 at Goldman Sachs
- Yum! Brands price target raised to $155 from $150 at BMO Capital
- Yum! Brands price target raised to $160 from $145 at Bernstein
- Yum! Brands price target raised to $175 from $163 at Barclays