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Yum Brands (YUM) calls active into Q3 and outlook

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Oppenheimer Reiterates Outperform on Yum! Brands (YUM) Following 3Q Report

October 6, 2016 10:13 AM EDT

Oppenheimer reiterated an Outperform rating and $97.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. Adjusted EPS was $1.09, compared to the Street's $1.10 estimate, as operating profits grew 11% globally. Comps at KFC (+4%) and TB (+3%) displayed a surprising beat and are outperforming... More