02:13 PM EDT, 04/28/2025 (MT Newswires) -- Yum! Brands' ( YUM ) diversified global growth strategy makes it resilient amid market challenges, and the company's stock remains a "top pick" heading into earnings season, Oppenheimer said in a note emailed Monday.

The firm said that Yum! Brands ( YUM ) has outpaced peers in early 2025 due to its "blue-chip" attributes, including Taco Bell's standout market share gains.

Taco Bell shows clear momentum, with management expecting over 8% same-store sales growth in Q1 despite a broader industry decline because of increased value offerings, accelerated menu innovation and growing digital sales penetration, according to the note.

Oppenheimer said KFC ( YUM ) is expected to strengthen internationally despite political tensions affecting perceptions of American brands with easier sales comparisons in key markets like the Middle East, stabilizing results in China, and improving momentum elsewhere.

The firm reiterated its $185 price target on Yum! Brands Stock and has an outperform rating.

Price: 146.74, Change: -0.56, Percent Change: -0.38