Will This Price Target Increase Help Yum! Brands (YUM) Stock Today?

NEW YORK (TheStreet) -- Yum! Brands (YUM) has had its price target increased to $75 from $70, Jefferies said Thursday. The firm said it believes the company will deliver in its China business over fiscal 2014. The firm reiterated a "hold" rating.

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Separately, TheStreet Ratings team rates YUM BRANDS INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

"We rate YUM BRANDS INC (YUM) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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