Truist Securities Maintains Buy on Restaurant Brands Intl, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jake Bartlett maintains a 'Buy' rating on Restaurant Brands Intl (NYSE:QSR) but lowers the price target from $89 to $83.
November 06, 2023 | 2:07 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Buy' rating on Restaurant Brands Intl but lowers the price target from $89 to $83.
The news is directly related to Restaurant Brands Intl (QSR). While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term stock price. However, the overall impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100