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UBS Raises Target, Estimates on Yum! Brands (YUM)
4/20/2012 10:11:00 AM
Quick service restaurant operator Yum! Brands, Inc. ( YUM ) on Friday caught some further bullish commentary from analysts at UBS.
The firm maintained its "Buy" rating on YUM and lifted its price target to $81, suggesting a 13% upside to the stock's Thursday closing price of $71.41. The analyst also raised its earnings estimates for the company, citing its strong first quarter results.
Yum! Brands shares rose $1.26, or +1.7%, in morning trading Friday.
The Bottom Line
Yum! Brands, Inc. ( YUM ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.