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Yum China gets "Strong Buy" rating despite slight earnings miss, with $48.70 price target.
Yum China Holdings, which operates KFC, Pizza Hut, and other restaurant brands in China, received a "Strong Buy" rating from analysts, with an average 12-month price target of $48.70.
Despite a slight miss on earnings per share in its latest report, the company's revenue reached $2.98 billion.
Institutional investors have recently reduced their stakes in the company, but analysts predict a strong financial outlook for the year.
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Yum China obtiene la calificación de "Comprar fuerte" a pesar de una ligera pérdida de ganancias, con un precio objetivo de $ 48.70.