Yum! Brands (YUM) PT Raised to $75 at RBC Capital
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Price: $145.16 -2.42%
Rating Summary:
19 Buy, 23 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 7 | New: 69
Rating Summary:
19 Buy, 23 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 7 | New: 69
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RBC Capital raised its price target on Yum! Brands (NYSE: YUM) to $75.00 (from $72.00) while maintaining a Outperform rating.
RBC raised 2017 and 2018 EPS estimates from $2.73 to $2.79 and $3.12 to $3.14, respectively. The adjustments are largely due to continued strength at Taco Bell and an earlier ramp of G&A cuts based on 1Q results.
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