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Yum! Brands price target raised to $170 from $164 at Citi

Citi raised the firm’s price target on Yum! Brands (YUM) to $170 from $164 and keeps a Neutral rating on the shares ahead of the Q4 report. The firm expects “constructive” updates on the company’s core brands. However, Citi thinks the shares will remain range-bound.

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