Citigroup Maintains Buy on Yum Brands, Raises Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jon Tower has maintained a Buy rating on Yum Brands (NYSE:YUM) and increased the price target from $164 to $166.
February 08, 2024 | 6:22 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Yum Brands and raised the price target to $166.
The upgrade in the price target by a reputable analyst like Jon Tower from Citigroup is a strong positive signal for Yum Brands. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100