Piper Sandler Maintains Neutral on Restaurant Brands Intl, Lowers Price Target to $75
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 $82 to $75.

August 12, 2024 | 11:25 am
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Piper Sandler has maintained a Neutral rating on Restaurant Brands Intl (NYSE:QSR) but has lowered the price target from $82 to $75.
The lowered price target from $82 to $75 suggests a less optimistic outlook for Restaurant Brands Intl, which could negatively impact the stock price in the short term. However, the Neutral rating indicates that the analyst does not foresee significant downside risk.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100