Form 8-K Yum China Holdings, Inc. For: May 03

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Go back to Form 8-K Yum China Holdings, Inc. For: May 03

Yum China Holdings (YUMC) PT Lowered to $56 at Goldman Sachs

May 4, 2022 9:59 AM EDT

Goldman Sachs analyst Michelle Cheng lowered the price target on Yum China Holdings (NYSE: YUMC) to $56.00 (from $69.00) while maintaining a Buy rating.

The analyst comments "YUMC 1Q22 results came above expectation further demonstrating business agility and strong execution. During the earnings call, management reiterated the conviction of 1,000-1,200 full year net opening guidance underpinned by... More