On Nov 07, major Wall Street analysts update their ratings for $Yum! Brands (YUM.US)$, with price targets ranging from $140 to $158.
Morgan Stanley analyst Brian Harbour maintains with a buy rating, and maintains the target price at $158.
BofA Securities analyst Sara Senatore maintains with a hold rating.
Deutsche Bank analyst Lauren Silberman maintains with a hold rating, and adjusts the target price from $147 to $145.
Evercore analyst David Palmer maintains with a hold rating, and maintains the target price at $145.
Loop Capital analyst Alton Stump maintains with a hold rating, and adjusts the target price from $143 to $140.
Furthermore, according to the comprehensive report, the opinions of $Yum! Brands (YUM.US)$'s main analysts recently are as follows:
Yum! Brands' third-quarter results displayed a balance, achieving expected earnings even though comparable sales fell short. Analyst commentary notes that Taco Bell maintains its positive trajectory in the U.S., while the company's other brands are placing a greater emphasis on value.
Yum! Brands' Q3 outcomes were described as uneven, as KFC's comparable sales declined by 4%, a sharper drop than the anticipated 2% increase, and Pizza Hut's sales decreased by 1%, while Taco Bell enjoyed a 4% rise. The expectation is that both KFC and Taco Bell will sustain growth in comparable sales, with KFC aiming for low- to mid-single digits and Taco Bell targeting mid-single digits over the long term. These optimistic prospects are deemed to be well represented in the company's present market valuation.
Here are the latest investment ratings and price targets for $Yum! Brands (YUM.US)$ from 7 analysts:
Note:
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