Morgan Stanley Maintains Overweight on Yum Brands, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Overweight rating on Yum Brands (NYSE:YUM) but lowers the price target from $155 to $153.
July 16, 2024 | 4:29 pm
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Morgan Stanley analyst John Glass maintains an Overweight rating on Yum Brands but lowers the price target from $155 to $153.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100