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 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.