Scotiabank lowered the firm’s price target on Restaurant Brands (QSR) to $71 from $75 and keeps a Sector Perform rating on the shares. The risks remaining for the company in 2025 include: continuation of U.S. consumer trends, risk of net restaurant growth coming in light due to pressure on consumers and franchisee profitability, increased probability of headwinds caused by Burger King’s EBITDA challenges, and Popeyes losing share, the analyst tells investors.
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Read More on QSR:
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