B of A Securities Maintains Underperform on Restaurant Brands Intl, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Gregory Francfort maintains an 'Underperform' rating on Restaurant Brands Intl (NYSE:QSR) and raises the price target from $66 to $73.
July 21, 2023 | 5:08 pm
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Despite the raised price target from $66 to $73, B of A Securities maintains an 'Underperform' rating on Restaurant Brands Intl (QSR).
The 'Underperform' rating suggests that the analyst expects the stock to do worse than the market average. This, combined with the raised price target, indicates a mixed outlook for the stock. While the higher price target suggests some upside potential, the 'Underperform' rating indicates that the stock may not perform as well as other stocks in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100