Guggenheim Maintains Neutral on Restaurant Brands Intl, Raises Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
Guggenheim analyst Gregory Francfort maintains a Neutral rating on Restaurant Brands Intl (NYSE:QSR) and raises the price target from $69 to $70.
August 14, 2023 | 12:36 pm
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NEUTRAL IMPACT
Guggenheim maintains a Neutral rating on Restaurant Brands Intl and raises the price target from $69 to $70.
The news is directly about Restaurant Brands Intl. The raised price target indicates a slightly positive outlook, but the Neutral rating suggests that the stock is not expected to outperform the market in the short term. Therefore, the short term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100