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Argus Downgrades Restaurant Brands International (QSR) to Hold

October 27, 2021 8:29 AM EDT

Argus analyst John Staszak downgraded Restaurant Brands International (NYSE: QSR) from Buy to Hold.

We expect the company to face continued cost pressures, as well as a labor shortage, over the next 12 months.We currently project increases of 5%-6% in food... More