RBC Capital Maintains Outperform on Restaurant Brands Intl, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Christopher Carril maintains an Outperform rating on Restaurant Brands Intl (NYSE:QSR) and raises the price target from $86 to $87.
November 06, 2023 | 5:01 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Restaurant Brands Intl and raises the price target from $86 to $87. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Restaurant Brands Intl to outperform the general market. The increase in the price target from $86 to $87 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100