Macquarie Upgrades Yum China Holdings to Outperform, Raises Price Target to $37.4
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Linda Huang has upgraded Yum China Holdings (NYSE:YUMC) from Underperform to Outperform and raised the price target from $30 to $37.4.
August 06, 2024 | 2:39 pm
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Macquarie analyst Linda Huang has upgraded Yum China Holdings from Underperform to Outperform and raised the price target from $30 to $37.4.
The upgrade from Underperform to Outperform and the significant increase in the price target from $30 to $37.4 by a reputable analyst at Macquarie is likely to positively impact investor sentiment and drive the stock price up in the short term.
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