UPDATE: Credit Suisse Cuts PT to $67 on Yum! Brands as Valuation Resets
Posted on February 06, 2013 at 14:06 PM EST
Credit Suisse maintained Yum! Brands (NYSE: YUM ) with an Outperform rating and lowered the price target from $77.00 to $67.00. Credit Suisse noted, "After a significant reduction in 2013 guidance, shares already bounced off the lows. (commentary that the company expected a strong recovery in 2014 appears to have