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Yum! Brands price target lowered to $143 from $148 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Yum! Brands to $143 from $148 and keeps a Hold rating on the shares. The firm believes sentiment on Yum “leans negative” given concerns on global same-store sales pressures, slowing Taco Bell same-store sales growth and potential risk to numbers, the analyst tells investors in a preview into the Q2 report.

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