Guggenheim analyst Gregory Francfort lowered the firm’s price target on Yum! Brands to $145 from $155 and keeps a Buy rating on the shares. The firm is cutting 2024 and 2025 EPS estimates and also cites valuation pressure across the sector for its lowered target.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YUM: