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RBC on Restaurant Brands' Q2
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RBC on Restaurant Brands' Q2
Aug 9, 2024 8:34 AM

11:03 AM EDT, 08/09/2024 (MT Newswires) -- RBC has reiterated its Outperform rating and US$90 target on Restaurant Brands after the company reported second quarter results that were largely in-line.

Despite softening demand environment, management remains confident they can reaccelerate unit growth to 5% in 2025, supported by stable/improving franchisee profitability, notes RBC.

Price: 96.56, Change: -2.26, Percent Change: -2.29

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