Deutsche Bank Initiates Coverage On Yum Brands with Hold Rating, Announces Price Target of $131
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lauren Silberman has initiated coverage on Yum Brands (NYSE:YUM) with a Hold rating and a price target of $131.
October 19, 2023 | 9:45 am
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Deutsche Bank has initiated coverage on Yum Brands with a Hold rating and a price target of $131.
The Hold rating from Deutsche Bank suggests that the bank sees Yum Brands' stock as fairly valued at current levels. The price target of $131 indicates where they believe the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price, but the Hold rating suggests no significant movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100