BUZZ - Citi says Yum China's quarterly results provide incremental benefits to Collins Foods

November 4 - ** Citi said that despite increasing macro challenges, Yum!'s third-quarter earnings report (link) brought incremental benefits for fast-food chain operator Collins Foods CKF.AX

** The brokerage said that KFC Australia, operated by CKF, continued strong performance in the third quarter, with sales up 3% compared to the second quarter

** The Brisbane-headquartered company’s shares briefly fell 0.7% to AUD 9.08 each

** Out of 12 analysts, 7 rate the stock as “buy” or higher, and 5 recommend “hold”; the median target price is AUD 10.50—data compiled by LSEG

** So far this year, the stock is down 12.1%, including the most recent day’s movement

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