Yum's China missteps amplify calls for spinoff, other change
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Jefferies Cuts Price target on Yum! Brands (YUM) to $71 Following 3Q
October 8, 2015 9:21 AM EDTJefferies maintained a Hold rating on Yum! Brands (NYSE: YUM), and cut the price target to $71.00 (from $80.00), following the company's 3Q reports. 3Q CC provided color on China's SSS and profitability outlook. Jefferies continues to see challenges on returning China to its historical financial & growth... More
RBC Capital Cuts Price Target on Yum! Brands (YUM) Following 3Q Results
October 8, 2015 7:04 AM EDTRBC Capital maintained a Top Pick rating on Yum! Brands (NYSE: YUM), and cut the price target to $80.00 (from $103.00), following the company's 3Q results. The primary cause of RBC Capital's 20pp reduction in 2016e EPS is the major deceleration in China Pizza Hut sales... More
