Plummeting sales in China made 2013 a year to forget for Yum! Brands Inc., but at least one securities analyst is “increasingly confident” that the quick-service giant’s same-store sales and stock price will recover next year. Sara Senatore, the restaurant industry analyst for Bernstein Research, upgraded the New York-based firm’s rating of Yum’s stock to “outperform,” from a previous classification of “market perform,” in a research note ...
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Contact: Desiree Torres Desiree.Torres@penton.com