CIBC lowered the firm’s price target on Restaurant Brands (QSR) to $86 from $88 and keeps an Outperformer rating on the shares. The firm says Restaurant Brands leaned on operating leverage to drive an in-line earnings performance despite weaker than expected sales growth across brands and geographies. It moderated fiscal 2025 estimates to reflect “softer-for-longer” comps and a weaker unit growth outlook.
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