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Goldman Sachs Upgrades Yum! Brands (YUM) to Buy

July 1, 2009 7:08 AM EDT
YUM Hot Sheet
Rating Summary:
    7 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Goldman Sachs upgrades Yum! Brands (NYSE: YUM) from Neutral to Buy and raises their price target from $36 to $40.

The firm is more positive on prospects for YRI profit growth, an improving US business and overall corporate margins.

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