Yum! Brands upgraded to Buy from Neutral at Goldman Goldman recommends buying Yum! Brands ahead of a potential turnaround in China. The firm believes the slowdown in China is cyclical and that stabilization will benefit its business going forward. Price target is $77.
Yum! Brands volatility increases into Q1 and outlook Yum! Brands April call option implied volatility is at 37, April weekly is at 41, May is at 28; compared to its 26-week average of 22 according to Track Data, suggesting large price movement into the expected release of Q1 results on April 22.