Yum! Brands price target raised to $155 from $146 at Baird

Baird analyst David Tarantino raised the firm’s price target on Yum! Brands to $155 from $146 and keeps an Outperform rating on the shares. The analyst came away from its investor meeting with increased confidence that YUM has the drivers in place to fuel strong global growth and healthy shareholder returns on a near- and long-term basis.