BMO Capital analyst Andrew Strelzik raised the firm’s price target on Yum! Brands (YUM) to $139 from $135 and keeps a Market Perform rating on the shares. The company’s Q4 exceeded consensus as slightly stronger comps and favorable G&A more than offset higher taxes, the analyst tells investors in a research note. Yum cited strong brand momentum across the portfolio entering 2025, supported in part by Middle East recovery, BMO added.
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