KFC parent Yum reports surprise drop in global same-store sales on weak demand

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Yum! Brands (YUM) PT Raised to $135 at BMO Capital

May 2, 2024 5:29 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on Yum! Brands (NYSE: YUM) to $135.00 (from $133.00) while maintaining a Market Perform rating.

The analyst comments "YUMs 1Q24 EPS of $1.15 fell $0.05 below consensus as broadly-softer comps more than offset favorable G&A & taxes.... More