B of A Securities Maintains Underperform on Restaurant Brands Intl, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Gregory Francfort maintains an Underperform rating on Restaurant Brands Intl (NYSE:QSR) but raises the price target from $76 to $77.
October 22, 2024 | 6:01 pm
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NEUTRAL IMPACT
B of A Securities maintains an Underperform rating on Restaurant Brands Intl but slightly raises the price target from $76 to $77, indicating a cautious outlook with minor optimism.
The Underperform rating suggests a cautious outlook on QSR, but the slight increase in the price target indicates some optimism. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100