Barclays analyst Jeffrey Bernstein raised the firm’s price target on Restaurant Brands (QSR) to $86 from $78 and keeps an Overweight rating on the shares. The firm adjusted targets in the restaurant group as part of its 2026 outlook. Sales challenges persist for the sector, the analyst tells investors in a research note. Barclays expects quick service to regain share from fast casual and casual dining, and it remains bullish on foodservice distribution.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QSR:
- SHOP, LULU, QSR: Canada’s Economy Posts Biggest Decline in Three Years
- The Week That Was, The Week Ahead: Macro & Markets, Dec. 20
- Restaurant Brands price target raised to $82 from $77 at RBC Capital
- Restaurant Brands International (QSR) Shines Bright in a Gloomy Sector
- Burger King teams up with The SpongeBob Movie for new menu