Yum! Brands (YUM) Tops Q1 EPS by 8c; China Comps Fell 6%, ex. FX
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Yum! Brands (YUM) PT, Estimates Lifted at RBC Capital as China Recovery Underway
April 23, 2015 6:29 AM EDTRBC 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 EDTRBC 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
