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Fly News Breaks for September 5, 2019
QSR
Sep 5, 2019 | 06:05 EDT
Piper Jaffray analyst Nicole Miller Regan raised her price target for Restaurant Brands to $90 from $80 saying the company continues to perform fundamentally and benefit from franchise and portfolio value in relation to the restaurant cycle. Investors should continue buying the shares for both growth through organic development as well as potential acquisitions, Regan tells investors in a research note. She reiterates an Overweight rating on Restaurant Brands.
News For QSR From the Last 2 Days
QSR
Apr 16, 2024 | 06:22 EDT
Citi analyst Jon Tower lowered the firm's price target on Restaurant Brands to $78 from $81 and keeps a Neutral rating on the shares ahead of the Q1 report. The analyst expects the company continues to point to ongoing strength in the core Tim Horton's Canada business and progress on the Burger King U.S. turnaround. However, like global peers, the tone on demand will remain muted, the analyst tells investors in a research note.
