Follow-up: Yum! Brands downgraded at Janney Capital

theflyonthewall.com

As previously reported, Janney Capital downgraded to Neutral from Buy. The firm downgraded shares based on bird-flu concerns following reports of a second human infection in China of the relatively newer H7N9 strain. The firm expects media attention in China to increase, which could pressure the same-store-sales recovery for the next few quarters. Price target is $65.

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