Yum! Brands downgraded to Neutral from Buy at UBS UBS downgraded Yum! Brands citing a deceleration of same store sales in China and valuation. The firm lowered its price target for shares to $73 from $84.
Yum! Brands volatility elevated into Q4 and outlook Yum! Brands February weekly call option implied volatility is at 86, February is at 44, March is at 34; compared to its 52-week range of 19 to 47, suggesting large near term price movement into the expected release of Q4 results today.