Oppenheimer Maintains Outperform on Restaurant Brands Intl, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Bittner maintains an Outperform rating on Restaurant Brands Intl (NYSE:QSR) but lowers the price target from $89 to $86.
October 22, 2024 | 4:26 pm
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Oppenheimer's analyst maintains an Outperform rating on Restaurant Brands Intl but lowers the price target from $89 to $86, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in QSR's performance, but the lowered price target indicates a slightly reduced expectation for upside potential. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100