Restaurant Brands (QSR) Prices 7.14M Share Secondary Offering

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Burger King owner Restaurant Brands (QSR) is a new Buy at JPMorgan

August 21, 2023 7:00 AM EDT

JPMorgan has initiated research coverage on Restaurants Brands International (NYSE: QSR) with an Overweight rating and a target price of $82 by December 2024.

Analyst John Ivankoe notes that the companys historical approach of employing zero-based budgeting had previously limited spending on support, which... More