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Goldman Sachs upgrades Yum Brands (YUM) to Buy from Neutral on its view a slowdown in China is...
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Thursday, December 13, 2012, 7:26 AM ETGoldman Sachs upgrades Yum Brands (YUM) to Buy from Neutral on its view a slowdown in China is cyclical. The take falls in line with the company's own assertion that same-store sales growth average over 7% when smoothing out the peaks and valleys. Goldman sets a $77 price target on shares.
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