LULU Stock, YUM Stock Move Higher on Upgrades

by William White | January 7, 2014 12:58 pm

LULU Stock, YUM Stock Move Higher on Upgrades

Lululemon Athletica (LULU[1]) and Yum! Brands (YUM[2]) stock are seeing an[3] increase[4] after being upgraded.

lululemon 185  LULU Stock, YUM Stock Move Higher on Upgrades

LULU stock has been upgraded from a “Neutral” rating to a “Buy” rating by DA Davidson. The company’s stock has been set with a target price of $73, reports Minyanville.

The upgrade could mean a better year for LULU stock, which suffered in 2013[5] during issues with the company’s yoga pants.

YUM stock is also moving up after an upgrade. RBC Capital has bumped the stock up from an “Outperform” rating and now considers it a “Top Pick”. It has given the YUM stock an $87 target price, Divedend.com notes.

Both LULU and YUM shares were up 1% as of midday Tuesday.

Endnotes:
  1. LULU: http://studio-5.financialcontent.com/investplace/quote?Symbol=LULU
  2. YUM: http://studio-5.financialcontent.com/investplace/quote?Symbol=YUM
  3. seeing an: http://www.minyanville.com/trading-and-investing/stocks/articles/Stock-Upgrades-Lululemon-Athletica-Johnson-2526/1/7/2014/id/53245
  4. increase: http://www.dividend.com/news/2014/tuesday-analyst-moves-johnson-johnson-yum-brands-inc-target-corporation-more-jnj-yum-tgt-more/
  5. suffered in 2013: http://investorplace.com/2013/11/lulu-stock/

Source URL: http://investorplace.com/2014/01/lulu-stock-yum-stock-upgrades/
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