Oppenheimer reduces its price target on Yum Brands (YUM) to $74 from $82 after factoring in the...

|By:, SA News Editor

Oppenheimer reduces its price target on Yum Brands (YUM) to $74 from $82 after factoring in the troubles the company is seeing in China. The firm thinks the short-term could be tricky for the restaurant operator, but keep a positive long-term view with an Outperform rating on shares.