RBC Capital keeps an Outperform rating and $83 price target on Restaurant Brands (QSR) as part of a broader research note on Restaurants previewing Q1 results. The firm is constructive on the company given further room for improvement on BK US, which appears to be gaining traction, also noting that the stock is one of the best positioned names in a downside Middle East scenario with an immaterial direct exposure, the analyst tells investors in a research note.
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