Restaurant Brands stock price target raised by Truist on Burger King turnaround

Truist Securities raised the price target for Restaurant Brands International (NYSE: QSR) from $78.00 to $81.00, maintaining a Buy rating, as reported on July 9, 2025. This adjustment reflects optimism about Burger King’s U.S. turnaround, driven by a projected 2.5% same-store sales growth for Q2 2025, surpassing consensus estimates of 1.5%. The turnaround is attributed to menu innovations like the “Dragon Whopper” launched on May 27 and planned new items, alongside improved operations and restaurant remodels.

The finance card above shows QSR’s current price at $67.629, suggesting a potential upside of about 19.8% to Truist’s target. Despite a 1.3% same-store sales decline in Q1 2025, Burger King’s performance outpaces peers like McDonald’s, which saw a 3.6% drop. The company’s $30.8 billion valuation, 22.4% revenue growth over the past year, and 3.64% dividend yield further bolster its appeal. However, analysts note risks from tariff-related uncertainties and competitive pressures in the fast-food sector.