Stifel analyst Chris O’Cull raised the firm’s price target on Yum! Brands (YUM) to $148 from $130 and keeps a Hold rating on the shares. The firm updated several models in the Restaurants and Franchising group following the companies’ respective earnings reports and 10-K filings. For Yum, the firm’s FY25 estimates remain unchanged, but its reduced its risk-free rate and raised longer-term projections, the analyst tells investors.
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