Yum! Brands price target lowered to $78 from $90 at Deutsche Bank Deutsche Bank lowered its price target for Yum! Brands to $78 after the company disclosed a "significant negative impact to same store sales" in China due to the latest China food supplier issue. Deutsche cut its estimates believes the stock is already reflecting a significant hit to the China business. It keeps a Buy rating on Yum!.
Yum! Brands March weekly calls active amid renewed spin-off speculation Yum! Brands March weekly 79 and 80 calls are active on total call volume of 10,500 contracts (500 puts) amid renewed spin-off speculation. March weekly call option implied volatility is at 30, April is at 23, May is at 26; compared to its 26-week average of 22 according to Track Data. Active call volume suggests traders taking large positions for upside price movement.