Goldman Sachs analyst Thiago Bortoluci raised the firm’s price target on Arcos Dorados (ARCO) to $9.05 from $8.50 and keeps a Buy rating on the shares. The firm is updating its model to reflect the company management’s public commentary, the latest closed financing, and high-frequency industry data, though it sees a tougher setup for top-line growth and margin expansion in Brazil, cutting its FY26 EPS view by 2% to $1.01, the analyst tells investors in a research note.
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