Yum Downgraded at Bernstein (YUM)

Bernstein Research reported on Wednesday that they have downgraded restaurant company, Yum! Brands, Inc.(YUM).

The firm has lowered their rating on YUM from “Outperform” to “Market Perform,” and has given the company a $72 price target. This price target suggests a 12% increase from the stock’s current price of $63.41.

Analysts have downgraded YUM due to a lowered outlook for China sales and unit growth.

Yum! Brands shares were down 98 cents, or -1.53% during Wednesday morning trading. The stock has been mostly flat in the past year.

The Bottom Line
Shares of Yum! Brands, Inc.(YUM) have a yield of 2.10%, based on Tuesday’s closing price of $63.70.

Yum! Brands, Inc.(YUM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here