By: Benzinga
January 28, 2013 at 13:45 PM EST
UPDATE: Morgan Stanley Cuts PT to $72 on Yum! Brands Ahead of Q4
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
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