Barclays Maintains an 'Equalweight' on Yum! Brands (YUM); 2Q EPS In Line, but China Comp Impressive
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Price: $152.99 +0.43%
Rating Summary:
19 Buy, 23 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
19 Buy, 23 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Barclays maintains an 'Equalweight' on Yum! Brands (NYSE: YUM), PT $54.
Barclays analyst says, "2Q11 EPS was in line, excluding a tax benefit. And similar to 1Q, significant comp and profit upside in China was offset by downside in the US, while YRI was in line. But an 18% China comp (along with likely benefit from a 53rd week), gives management comfort to raise 2011 EPS guidance."
For more ratings news on Yum! Brands click here and for the rating history of Yum! Brands click here.
Shares of Yum! Brands closed at $55.58 yesterday.
Barclays analyst says, "2Q11 EPS was in line, excluding a tax benefit. And similar to 1Q, significant comp and profit upside in China was offset by downside in the US, while YRI was in line. But an 18% China comp (along with likely benefit from a 53rd week), gives management comfort to raise 2011 EPS guidance."
For more ratings news on Yum! Brands click here and for the rating history of Yum! Brands click here.
Shares of Yum! Brands closed at $55.58 yesterday.
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