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RBC Capital Raises Price Target to Account for Yum! Brands (YUM) New Outlook

October 21, 2015 7:37 AM EDT

RBC Capital reiterated a Top Pick rating on Yum! Brands (NYSE: YUM), and raised the price target to $87.00 (from $80.00), to account for the company's new outlook.

Analyst David Palmer commented, "We are raising our price target to reflect the value creation... More