Deutsche Bank analyst Brian Mullan raised the firm’s price target on Yum! Brands to $143 from $137 and keeps a Buy rating on the shares following its Q4 earnings. The analyst does not expect to see many changes to the debate or the broader discussion around the company’s story. The firm believes Yum! Brands is one of the "best positioned names" in its Restaurant and Food Distribution coverage universe for this environment and over the long term. Furthermore, Deutsche Bank continues to like the "defense + offense" combination the company offers to investors.
Published first on TheFly
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