Yum China: no brand damage from protests over South China Sea ruling

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Jefferies Reiterates Hold on Yum! Brands (YUM) Following 3Q Report

October 7, 2016 8:06 AM EDT

Jefferies reiterated a Hold rating and $85.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. YUM reported EPS of $1.09, slightly below the $1.10 consensus estimate. TB and KFC put up good results with 3% sss/9% oper profit growth and +4% sss and 11% oper profit... More