Citigroup Maintains Buy on Yum Brands, Raises Price Target to $164
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has reaffirmed a Buy rating on Yum Brands (NYSE:YUM) and increased the price target from $155 to $164.
January 29, 2024 | 9:15 pm
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Citigroup analyst Jon Tower has maintained a Buy rating on Yum Brands and raised the price target to $164, indicating a positive outlook on the stock.
The increase in price target by Citigroup reflects a bullish sentiment on Yum Brands, suggesting that the stock has the potential to rise to the new target price. This can positively influence investor perception and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100