Piper Sandler Maintains Neutral on Restaurant Brands Intl, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan maintains a Neutral rating on Restaurant Brands Intl (NYSE:QSR) and lowers the price target from $84 to $82.
May 01, 2024 | 2:01 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Restaurant Brands Intl and lowers the price target from $84 to $82.
The adjustment in price target by Piper Sandler, while maintaining a Neutral rating, suggests a minor adjustment in valuation expectations without a significant change in the company's outlook. This is likely to have a neutral short-term impact on the stock as the market absorbs the slight adjustment in expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100