Barclays Upgrades Yum Brands to Overweight, Announces $146 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has upgraded Yum Brands (NYSE:YUM) from Equal-Weight to Overweight and set a new price target of $146.
January 03, 2024 | 1:04 pm
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POSITIVE IMPACT
Barclays upgraded Yum Brands to Overweight from Equal-Weight and set a price target of $146, indicating a positive outlook on the stock.
Upgrades by analysts, especially from reputable financial institutions like Barclays, can lead to increased investor confidence and a potential rise in stock price. The new price target of $146 suggests that Barclays believes the stock has significant upside potential from its current level.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100