Redburn Atlantic Downgrades Yum Brands to Neutral, Announces $115 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Edward Lewis has downgraded Yum Brands (NYSE:YUM) from Buy to Neutral and set a price target of $115.
October 20, 2023 | 10:33 am
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Yum Brands has been downgraded from Buy to Neutral by Redburn Atlantic, with a price target of $115.
The downgrade from Buy to Neutral by Redburn Atlantic indicates a less optimistic outlook for Yum Brands. This could potentially lead to a short-term negative impact on the stock price. The price target of $115 provides a benchmark for investors.
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IMPORTANCE 80
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