Argus analyst John Staszak raised the firm’s price target on Restaurant Brands to $77 from $71 and keeps a Buy rating on the shares. Restaurant Brands (QSR) recently announced that the former CEO of Domino’s Pizza (DPZ), J. Patrick Doyle, would become executive chairman, and Staszak thinks that Doyle will help to improve customer satisfaction, increase franchisee earnings, and raise digital sales at Restaurant Brands, the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on QSR:
- Let’s Eat! 3 Unshakable Food Stocks this Holiday Season
- Restaurant Brands put volume heavy and directionally bearish
- Bill Ackman’s Pershing Square Raises Stake in Consumer Discretionary Stocks in Q3
- Former Domino’s CEO Joins Restaurant Brands (TSE:QSR). Can He Cook Up Success?
- Bernstein restaurants to hold an analyst/industry conference call
