Deutsche Bank Initiates Coverage On Yum China Holdings with Buy Rating, Announces Price Target of $58
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Han Zhang has initiated coverage on Yum China Holdings (NYSE:YUMC) with a Buy rating and set a price target of $58.
December 19, 2023 | 4:22 pm
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Deutsche Bank has initiated coverage on Yum China Holdings with a Buy rating and a price target of $58, indicating a positive outlook for the stock.
Analyst ratings, especially from major banks like Deutsche Bank, can influence market perception and investor sentiment. A Buy rating combined with a price target that suggests an upside from the current trading price is likely to have a positive impact on the stock's short-term price movement.
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