Restaurant Brands (QSR) Tops Q4 EPS by 9c

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Restaurant Brands International (QSR) PT Lowered to $69 at Cowen

February 13, 2018 6:52 AM EST

Cowen lowered its price target on Restaurant Brands International (NYSE: QSR) to $69.00 (from $72.00) while maintaining a Market Perform rating.

Analyst Andrew Charles commented, "RBI's 4Q EBITDA beat was driven by better than expected BK, while Tim Hortons showed strong cost control amid top-line... More