Evercore ISI upgraded Yum! Brands (YUM) to Outperform from In Line with an $180 price target The firm cites the company’s higher growth excluding Pizza Hut and the stock’s valuation for the upgrade. Post the Pizza Hut spinoff, Yum should see higher and more consistent profit growth, the analyst tells investors in a research note. Evercore believes the shares now deserve a premium multiple.
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