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UPDATE: Morgan Stanley Cuts PT to $72 on Yum! Brands Ahead of Q4

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Earnings Scheduled For April 21, 2015
Oppenheimer Says Yum! Brands Reward Outweighs Risk, Places $90 Price Target
The Vetr community has downgraded $YUM to 2.5-Stars (Vetr)

Morgan Stanley reiterated its Overweight rating on Yum! Brands (NYSE: YUM) and lowered the price target from $77.00 to $72.00.

Morgan Stanley noted, "Depth and duration of sales declines in China and YUM's counteractions will likely be the entire focus of the 4Q call. Indications we've seen suggests the problem may have intensified due to the drumbeat of news stories. Lowering 1Q China SSS to -10%; cutting year to $3.58."

Yum! Brands closed at 64.63 on Friday.

Latest Ratings for YUM

DateFirmActionFromTo
Apr 2015OppenheimerMaintainsOutperform
Apr 2015Cowen & CompanyInitiates Coverage onMarket Perform
Mar 2015Credit SuisseInitiates Coverage onUnderperform

View More Analyst Ratings for YUM
View the Latest Analyst Ratings

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