Atlantic Starts Yum! (YUM), Starbucks (SBUX) at Overweight, McDonald's (MCD) at Neutral

March 27, 2012 8:13 AM EDT
Get Alerts YUM Hot Sheet
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
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Atlantic Equities' Alistair Scobie initiated coverage on Yum! Brands (NYSE: YUM) and Starbucks (Nasdaq: SBUX) with Overweight ratings and shares of McDonald's (NYSE: MCD) with a Neutral rating Tuesday morning.

The analyst set an $81 target on shares of Yum!, a $64 target on Starbucks, and a $102 target on McDonald's.

Shares of Yum! are down 0.2 percent to $71.30 in pre-open action, shares of Starbucks are down 0.36 percent to $55.71, and McDonald's shares are indicated very modestly higher at $97.01.

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