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RBC Capital Reiterates Top Pick on Yum! Brands (YUM) Expecting Strong Chinese Labor Leverage

September 30, 2015 7:02 AM EDT

RBC Capital reiterated a Top Pick rating and $103.00 price target on Yum! Brands (NYSE: YUM) as analyst David Palmer expects strong labor leverage in China.

Palmer commented, "We are reiterating our price target and our above consensus EPS estimates. For 3Q, we... More