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By: Benzinga
January 14, 2013 at 12:02 PM EST
UPDATE: Citigroup Reiterates Neutral Rating, Lowers PT on Yum! Brands
In a report published Monday, Citigroup reiterated its Neutral rating on Yum! Brands (NYSE: YUM ), but slightly lowered its price target from $71.00 to $70.00. Citigroup noted, “At YUM US, Taco Bell sales trends were solid and KFC sales trends were OK, while Pizza Hut saw a drop off.
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