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Fly News Breaks for June 25, 2019
QSR
Jun 25, 2019 | 08:09 EDT
As previously reported, Credit Suisse analyst Lauren Silberman initiated Restaurant Brands with an Outperform and $78 price target. The analyst believes Restaurant Brands is well positioned to generate global market share gains across its portfolio with contribution from same-store sales and unit growth. Increased confidence in accelerating same-store sales and sustainable global unit growth across the portfolio should support multiple expansion near the high-end of heavily franchised peers, she contends.
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