Restaurant Brands price target raised to $85 from $80 at Oppenheimer

Oppenheimer raised the firm’s price target on Restaurant Brands (QSR) to $85 from $80 and keeps an Outperform rating on the shares. The firm highlights Restaurant Brands as a buy idea that appears to be gaining better traction with investors. Despite outperforming year-to-date, the stock still trades at a massive 25% discount to pure-play peers. This, along with its improved fundamental setup, is causing its attractive risk/reward to screen more brightly on buy-side radars, Oppenheimer adds. The firm’s updated work suggests Street’s 9% EPS growth in 2026/2027 tilts conservatively.