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Yum! Brands price target raised to $130 from $122 at JPMorgan
The Fly

Yum! Brands price target raised to $130 from $122 at JPMorgan

JPMorgan analyst John Ivankoe raised the firm’s price target on Yum! Brands to $130 from $122 and keeps a Neutral rating on the shares. Restaurants are "seeing a remarkable combination of events," with greater clarity on food and labor cost inflation being matched with the highest year-over-year menu pricing, said Ivankoe.

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