Truist Securities Maintains Buy on Restaurant Brands Intl, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Restaurant Brands International (NYSE:QSR) but has slightly lowered the price target from $87 to $86.
August 19, 2024 | 2:41 pm
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Truist Securities has maintained its Buy rating on Restaurant Brands International but has slightly lowered the price target from $87 to $86, indicating a minor adjustment in expected valuation.
The maintenance of a Buy rating suggests continued confidence in QSR's performance, but the slight reduction in the price target indicates a minor adjustment in expected valuation. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100