Barclays Maintains Overweight on Restaurant Brands Intl, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein maintains an Overweight rating on Restaurant Brands Intl (NYSE:QSR) and raises the price target from $84 to $86.
August 09, 2023 | 4:14 pm
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Barclays maintains an Overweight rating on Restaurant Brands Intl and raises the price target from $84 to $86. This could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Restaurant Brands Intl. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100