Citigroup Maintains Buy on Yum Brands, Lowers Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a 'Buy' rating on Yum Brands (NYSE:YUM), but lowered the price target from $173 to $163.
October 17, 2023 | 2:56 pm
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Citigroup has maintained a 'Buy' rating on Yum Brands, but lowered the price target from $173 to $163.
The news is directly related to Yum Brands. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slower growth expectation. However, the impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100