UPDATE: YUM Brands Downgraded by Morgan Stanley on Slow China Sales
January 09, 2014 at 10:42 AM EST
In a report published Thursday morning, Morgan Stanley analyst John Glass adjusted YUM! Brands (NYSE: YUM ) rating, downgrading it to Equal-weight, also moving price target from $82 to $77. The report noted, "While we still see YUM as a best-in-class play on emerging market consumers, we see risk to
