Yum! Brands Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Yum! Brands, Inc. (NYSE:YUM) is expected to report higher Q2 earnings at $1.24 per share, up from $1.05 a year ago, with revenues of $1.75 billion. The company's shares fell 1% to close at $136.36 on Tuesday. Several analysts have recently updated their price targets for the company, with the highest target set at $179 by Citigroup.
August 04, 2023 | 10:41 am
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Yum! Brands is expected to report higher Q2 earnings. Its shares fell 1% recently, but analysts have updated their price targets, with the highest at $179.
The expected increase in Yum! Brands' Q2 earnings is a positive signal for the company's performance. However, the recent 1% fall in its shares indicates some market uncertainty. The updated price targets by analysts, especially the highest target of $179, suggest a positive outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100