Guggenheim Lifts QSR Price Target to $86 Amid Burger King Turnaround

Restaurant Brands International (QSR) has received analyst support after Guggenheim raised its price target to $86 on September 18, 2026. The increased price target is part of a Buy rating reiteration by Guggenheim, indicating confidence in the company's earnings trajectory and Burger King's turnaround.

Guggenheim's decision was based on the restaurant chain's recent earnings report for Q2 2026, which showed adjusted EPS of $1.07, beating Wall Street expectations by $0.03 per share or a 2.9% positive surprise.

Additionally, Burger King's U.S. comparable sales rose 8.5% in Q2 2026, outperforming McDonald's U.S. comp growth and the broader burger industry.