(YUM) Yum! Brands in Neutral Lane
We maintain our Neutral rating on Yum! Brands Inc. (YUM). While we are optimistic on the company’s lucrative China division and solid unit growth, negative impact from Taco Bell U.S. as well as commodity inflation compel us to remain on the sidelines. We see the company’s overseas expansion as one of its key growth drivers. [...] (YUM) Yum! Brands in Neutral Lane
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