Market Overview

Vetr Upgrades Yum China After Goldman Downgrade

Buy The Weakness in Yum China Shares, Says Morgan Stanley Analyst
Earnings Scheduled For February 7, 2018

The Vetr crowd on Monday upgraded its rating for Yum China Holdings Inc (NYSE: YUMC) from 1.5 stars (Strong Sell), issued 10 dyas ago, to 2.5 stars (Sell). Crowd sentiment at the time of the upgrade was unanimously cautious, with 100 percent of Vetr user ratings bearish.

Share price in the restaurant holding company took a small hit to end the first week of May when the stock was issued a downgrade from Buy to "Neutral" from analysts at Goldman Sachs after reaching an all-time high of $35.30 near the start of the month.

The stock dropped by more than 3.5 percent as trading resumed Friday after the downgrade. However, it regained most of the initial loss and finished today at $33.78.

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Currently, the Vter crowd's average target price on Yum China is down at $31.56. Less than 2 percent of Vetr users are holding YUMC in their watch lists.

Latest Ratings for YUMC

Mar 2018Morgan StanleyMaintainsOverweightOverweight
Oct 2017Morgan StanleyMaintainsOverweight
Oct 2017NomuraInitiates Coverage OnBuy

View More Analyst Ratings for YUMC
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Downgrades Price Target Analyst Ratings


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