Yum! Brands (YUM) PT Lowered to $130 at Cowen

Go back to Yum! Brands (YUM) PT Lowered to $130 at Cowen

Yum! Brands (YUM) business model 'positions the stock favorably' - Cowen

December 5, 2022 12:17 PM EST

Cowen's Andrew Charles raised the firm's price target on Yum! Brands (NYSE: YUM) to $155 from $130, stating it is one of the firm's best ideas for 2023.

The firm currently has an Outperform rating on the stock. Charles told investors in a research note that "YUM's diversified, asset-light business model positions the stock favorably... More