Streetbeat News

Analyst Ratings

QSR

Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Restaurant Brands Intl (NYSE:QSR) and increased the price target from $83 to $89, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:34 pm

RLJ

Oppenheimer analyst Tyler Batory has maintained an Outperform rating on RLJ Lodging Trust (NYSE:RLJ) and increased the price target from $13 to $14, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:33 pm

JACK

Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Jack In The Box (NASDAQ:JACK) and increased the price target from $90 to $98.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:31 pm

INVH

Oppenheimer analyst Tyler Batory has maintained an Outperform rating on Invitation Homes (NYSE:INVH) and increased the price target from $35 to $40.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:29 pm

HST

Oppenheimer analyst Tyler Batory has maintained an Outperform rating on Host Hotels & Resorts (NASDAQ:HST) and increased the price target from $21 to $23.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:28 pm

FUSN

Oppenheimer analyst Jeff Jones has maintained an Outperform rating on Fusion Pharmaceuticals (NASDAQ:FUSN) and increased the price target from $13 to $15.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:26 pm

DPZ

Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Domino's Pizza (NYSE:DPZ) and increased the price target from $450 to $470, indicating a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:25 pm

DPZ

MCD

PZZA

QSR

SG

YUM

Oppenheimer analyst Brian Bittner has provided his top picks for 2024 in the quick service restaurant sector, upgrading Yum! Brands (YUM) to Outperform with a $154 price target (PT) and highlighting its digital sales growth and diversified business model. McDonald's (MCD) was downgraded to Perform due to a lack of identifiable catalysts for 2024. Papa John's (PZZA) was also downgraded to Perform, with the analyst expecting lower FY24 EPS than consensus. Domino's Pizza (DPZ) is a top pick with an Outperform rating and a $470 PT, expected to outperform due to a revival story and new partnerships. Restaurant Brands International (QSR) maintains an Outperform rating and an $89 PT, with anticipated EPS growth. Sweetgreen (SG) is rated Outperform with a $15 PT, as the analyst sees a transition to sustainable EBITDA profitability starting in 2024.

Portfolio Pulse from Shivani Kumaresan

January 05, 2024 | 6:25 pm

DENN

Oppenheimer analyst Michael Tames has maintained an Outperform rating on Denny's (NASDAQ:DENN) and increased the price target from $12 to $13.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:23 pm

DRI

Oppenheimer analyst Brian Bittner has maintained an Outperform rating on Darden Restaurants (NYSE:DRI) and increased the price target from $185 to $186.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 6:22 pm