Yum! Brands (YUM) Declares $0.46 Quarterly Dividend; 2.3% Yield

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Oppenheimer Reiterates Outperform on Yum! Brands (YUM)

May 23, 2016 9:58 AM EDT

Oppenheimer maintained an Outperform rating and $93.00 price target on Yum! Brands (NYSE: YUM). Oppenheimer sees greater opportunity for an EPS upside at YUM and view separation as a major catalyst. MCD's elevated valuation/EPS estimates require aggressive mid-single-digit comps into tough comparisons. Also,... More