Wednesday, July 1, 2009

Goldman raises Yum Brands to buy

July 1 (Reuters) - Goldman Sachs upgraded Yum Brands Inc (YUM.N) to "buy" from "neutral" and said it had a more positive view on the prospects for profit growth at the company's international businesses.
Goldman analysts, including Steven Kron and Joseph Fischer, also said they were more positive on the parent of the Taco Bell, Pizza Hut and KFC chains' improving U.S. business and overall corporate margins.

Read more:
http://www.reuters.com/article/marketsNews/idESBNG2086420090701?rpc=44

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