Yum! Brands price target raised to $148 from $144 at Barclays

Barclays analyst Jeffrey Bernstein raised the firm’s price target on Yum! Brands to $148 from $144 and keeps an Overweight rating on the shares. The company’s Q1 report disappointing top to bottom, not unlike other peers, with outsized headwinds on the lower income consumer, the analyst tells investors in a research note.