Barclays Maintains Equal-Weight on Yum Brands, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Yum Brands (NYSE:YUM) and raises the price target from $138 to $140.
August 04, 2023 | 1:19 pm
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Barclays maintains an Equal-Weight rating on Yum Brands and raises the price target from $138 to $140.
The news is directly related to Yum Brands. Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the company. However, the increase in price target from $138 to $140 suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100