UPDATE: Morgan Stanley Raises PT on Yum! Brands Following AlphaWise Survey
March 25, 2013 at 13:19 PM EDT
In a report published Monday, Morgan Stanley analyst John Glass reiterated an Overweight rating on Yum! Brands (NYSE: YUM ), and raised the price target from $67.00 to $80.00. In the report, Glass noted, “Our AlphaWise survey of Chinese QSR consumers suggests that the sales recovery at KFC may be