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Stock impact report

Analysts Stay Positive on Yum China (YUMC) [Yahoo! Finance]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Yahoo! Finance
Previously, on November 25, CLSA slightly cut its price target on Yum China Holdings, Inc. (NYSE:YUMC) from $56 to $55 while keeping an Outperform rating on the stock. This update came after Yum China Holdings, Inc.'s (NYSE:YUMC) investor day, where the company shared its growth plans and offered detailed guidance. CLSA pointed out that store growth was better than expected. However, according to the research firm, expansion into lower-tier cities and franchise stores is expected to limit top-line growth to mid-single digits. CLSA sees room for Yum China Holdings, Inc. (NYSE:YUMC) to improve its KFC margins if positive same-store sales growth can be achieved without higher labor costs, even when the focus of the market is on Pizza Hut's recovery efforts. The research firm slightly lowered its price target because of weaker unit store sales forecasts. However, CLSA continues to maintain its positive outlook on Yum China Holdings, Inc. (NYSE:YUMC) because of the stock's protection Show less Read more
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