On Nov 06, major Wall Street analysts update their ratings for $Yum! Brands (YUM.US)$, with price targets ranging from $134 to $158.
Morgan Stanley analyst Brian Harbour maintains with a buy rating, and adjusts the target price from $160 to $158.
Barclays analyst Jeff Bernstein maintains with a buy rating, and adjusts the target price from $160 to $155.
Wells Fargo analyst Zachary Fadem maintains with a hold rating, and maintains the target price at $135.
TD Cowen analyst Andrew Charles maintains with a hold rating, and maintains the target price at $145.
KeyBanc analyst Eric Gonzalez maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Yum! Brands (YUM.US)$'s main analysts recently are as follows:
Yum! Brands' third quarter showed mixed results, with earnings meeting expectations despite a comparable sales shortfall. Taco Bell's momentum in the U.S. persists, while there's an increasing emphasis on value across the other brands.
Yum! Brands' Q3 outcomes were a mixed bag, with KFC's comparable sales dipping by 4%, a sharper decline than the 2% growth that was anticipated. Pizza Hut's sales saw a modest 1% decrease, whereas Taco Bell experienced a 4% increase. Analysts believe that, over the long haul, KFC and Taco Bell are expected to sustain growth in comparable sales within the low-to-mid single digits and mid-single digits, respectively. These optimistic aspects, however, are deemed to be already factored into the company's present market value.
Here are the latest investment ratings and price targets for $Yum! Brands (YUM.US)$ from 8 analysts:
Note:
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