Yum! Brands price target raised to $142 from $137 at RBC Capital

RBC Capital analyst Christopher Carril raised the firm’s price target on Yum! Brands to $142 from $137 but keeps a Sector Perform rating on the shares. The company reported a "solid" top-line driven Q4 earnings beat with notable strength at Taco Bell and Pizza Hut in the U.S.,the analyst tells investors in a research note. Yum! Brands remains well-positioned in the current environment, given increased focus on individual meal occasions as well as menus that offer both value and premium options, but the stock remains "near fully valued", the firm adds.