Yum! Brands (YUM) Tops Q1 EPS by 8c; China Comps Fell 6%, ex. FX

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Go back to Yum! Brands (YUM) Tops Q1 EPS by 8c; China Comps Fell 6%, ex. FX

Yum! Brands (YUM) PT, Estimates Lifted at RBC Capital as China Recovery Underway

April 23, 2015 6:29 AM EDT

RBC Capital analyst David Palmer raised his price target on Yum! Brands (NYSE: YUM) to $93.00 (from $90.00) following Q1 results, saying a recovery in China is underway. The firm maintained a Top Pick rating.

"We are raising our price target and EPS estimates... More

Yum! Brands (YUM) Conf. Call Comments Suggest Sequential Improvement in China, RBC Capital Says

April 22, 2015 11:16 AM EDT

RBC Capital analyst David Palmer said comments from Yum! Brands' (NYSE: YUM) earnings call suggest sequential improvement in China.

"During this mornings earnings call, management reiterated its 10% EPS growth target, despite 5pp of FX headwinds," Palmer commented. "In spite of more difficult comparisons, sales declines in... More