JP Morgan Maintains Overweight on Restaurant Brands Intl, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Restaurant Brands International (NYSE:QSR) and raises the price target from $80 to $84.
September 16, 2024 | 3:19 pm
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JP Morgan has increased its price target for Restaurant Brands International from $80 to $84, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $80 to $84 by JP Morgan, along with maintaining an Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in QSR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100