Argus upgraded Restaurant Brands (QSR) to Buy from Hold with an $85 price target The company’s strong brands should translate to higher domestic comps and enable unit expansion in international markets, the analyst tells investors in a research note. Many consumer’s are also choosing less expensive menu items amid inflationary headwinds, making Restaurant Brands’ earnings prospects “appear favorable”, Argus added, raising its FY25 EPSS view by 3c to $4.04 and its FY26 view by 4c to $4.24.
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