Yum! Brands Likely To Post Higher Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Yum! Brands, Inc. YUM is expected to report its second quarter financial results, before the opening bell on Aug. 2, 2023.

Analysts expect the company to post quarterly earnings at $1.24 per share, up from a year-ago earnings of $1.05 per share. The company’s revenue might come in at $1.75 billion.

Yum! Brands shares fell 1% to close at $136.36 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Citigroup analyst Jon Tower maintained a Buy rating and raised the price target from $172 to $179 on July 24, 2023. This analyst has an accuracy rate of 70%.
• TD Cowen analyst Andrew Charles reiterated an Outperform rating with a price target of $155 on June 15, 2023. This analyst has an accuracy rate of 72%.
• Piper Sandler analyst Brian Mullan initiated coverage on the stock with a Neutral rating and a price target of $142 on June 14, 2023. This analyst has an accuracy rate of 76%.
• Credit Suisse analyst Lauren Silberman maintained a Neutral rating and boosted the price target from $141 to $145 on May 4, 2023. This analyst has an accuracy rate of 76%.
• Barclays analyst Jeffrey Bernstein maintained an Equal-Weight rating and boosted the price target from $136 to $138 on April 21, 2023. This analyst has an accuracy rate of 71%.

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