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Yum! Brands price target raised to $164 from $151 at TD Cowen

TD Cowen analyst Andrew Charles raised the firm’s price target on Yum! Brands (YUM) to $164 from $151 and keeps a Hold rating on the shares. The firm attended the Taco Bell Investor Daywhere management shared plans to increase sales volumes while noting the brand is approaching its growth ambitions from a position of strength.

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