A list of stock prices rising and declining in value
Markets

Yum! Brands Now an “Outperform” at Robert Baird (YUM)

Quick service restaurant operator Yum! Brands, Inc. ( YUM ) on Monday caught an upgrade from analysts at Robert W. Baird.

The firm said it boosted its rating on YUM from "Neutral" to "Outperform" with a $60 price target, suggesting an 18% upside to the stock's Friday closing price of $50.71. Baird noted that the stock's recent pullback amid a larger market correction has created an attractive buying opportunity for investors.

Yum! Brands shares fell 81 cents, or -1.6%, in premarket trading Monday.

The Bottom Line

Shares of Yum Brands ( YUM ) have a 1.97% dividend yield, based on Friday's closing stock price of $50.71. The stock has technical support in the $46-$48 price area. If the shares can firm up, we see overhead resistance around the $54 price level.

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 .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Created by Dividend.com


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

YUM

Other Topics

Stocks

Latest Markets Videos