Workflow
Why Investors Were Feasting on Yum China Stock This Week
YUMCYUM CHINA(YUMC) The Motley Fool·2024-11-08 23:29

The company's third-quarter performance inspired one analyst to upgrade his recommendation on the shares.According to data compiled by S&P Global Market Intelligence, restaurant chain operator Yum China Holdings' (YUMC -4.18%) stock was a nearly double-digit gainer this week. The company's shares rose by 9% in price across the period, due in no small part to news of encouraging quarterly results, and subsequent analyst price target increases -- and even a recommendation upgrade.Expansion program spurs top-l ...