OTR Global downgraded its view on Yum China to Mixed from Positive as its checks with KFC and Pizza Hut managers in China found that plan attainment weakened as aggressive promotional discounts pressured tickets.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on YUMC: