The initiation of coverage by Piper Sandler with a Neutral rating and a price target of $79 for Restaurant Brands Intl (QSR) indicates that the analyst sees the stock as fairly valued. This news is relevant and important for investors, as it provides a new perspective on the stock's valuation. However, the Neutral rating suggests that the stock's price is not expected to change significantly in the short term, resulting in a neutral short-term price direction.