Several catalysts, including a new CEO and strong international sales, could boost Yum Brands in the future.
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The firm upgraded the fast food conglomerate to outperform from in line.
JPMorgan believes that shares of DoorDash could surge 19% from here.
Same-store sales at Taco Bell and KFC rose, while Pizza Hut reported same-store sales fell 1%.
The bank upgraded the parent company of Chili's and Maggiano's Little Italy to buy from neutral.
Seth Klarman more than doubled his stake in Restaurant Brands International during the third quarter.
Shares have gained ore than 7% so far in 2025.
