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Buy Yum Brands as it explores sale of Pizza Hut, says Evercore ISI
The firm upgraded the fast food conglomerate to outperform from in line.
The firm upgraded the fast food conglomerate to outperform from in line.
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Several catalysts, including a new CEO and strong international sales, could boost Yum Brands in the future.

Same-store sales at Taco Bell and KFC rose, while Pizza Hut reported same-store sales fell 1%.

Yum Brands will explore strategic options for Pizza Hut, which has struggled in recent years.

Yum Brands announced Tuesday that it will begin a formal review of strategic options for its subsidiary Pizza Hut, setting the…

Seth Klarman more than doubled his stake in Restaurant Brands International during the third quarter.

Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC reported…