JP Morgan Maintains Neutral on Yum Brands, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Yum Brands (NYSE:YUM) and raises the price target from $132 to $140.
June 03, 2024 | 2:41 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Yum Brands and raises the price target from $132 to $140.
The raised price target from $132 to $140 suggests a positive outlook on Yum Brands' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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