Oppenheimer analyst Brian Bittner maintains $Restaurant Brands International (QSR.US)$ with a buy rating, and adjusts the target price from $89 to $86.
According to TipRanks data, the analyst has a success rate of 65.1% and a total average return of 10.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Restaurant Brands International (QSR.US)$'s main analysts recently are as follows:
The firm is revising price targets within its restaurant industry coverage to account for changes in estimates and increased market multiples in anticipation of third-quarter reports from the sector.
The analyst points to a challenging short-term horizon for Restaurant Brands leading into the Q3 results expected on November 5. According to their assessment, there is anticipation of modest shortfalls in same-store sales during Q3 and Q4 across the company's primary business divisions.
Note:
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