Baird raised the firm’s price target on Restaurant Brands (QSR) to $80 from $72 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results and good update where Burger King and International are being offset by softness elsewhere.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QSR:
- Restaurant Brands price target raised to $92 from $85 at Barclays
- Analyst Maintains Buy on Restaurant Brands International, Keeps $90 Price Target Amid Ongoing Turnaround Momentum
- Restaurant Brands price target lowered to $84 from $88 at Citi
- Restaurant Brands reports Q1 adjusted EPS 86c, consensus 83c
- Morning Movers: Corning skyrockets following Nvidia pact