The Globe and Mail reports in its Tuesday, April 24, edition that BMO Nesbitt Burns analyst Peter Sklar says Tim Hortons Canada's same-store sales results are likely to be "negatively" affected by the recent decline in brand perception. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sklar cut his rating on Tim Hortons's parent Restaurant Brands International ($69.06) to "market perform" from "outperform." Mr. Sklar also dropped his share target to $56 from $70. Analysts on average target the shares at $86.97. The downgrade came in response to a recent on-line survey on consumers' perception toward Tim Hortons. Mr. Sklar says, "Due to the ongoing negative press on Tim Hortons, and Restaurant Brands International (RBI), we believe it is warranted to consider whether the company's traffic and SSS results will be impacted in the upcoming quarters." The Globe reported on Feb. 14 that RBC Dominion Securities analyst David Palmer continued to rate Restaurant Brands "outperform." The shares could then be had for $72.82. The Globe reported again on April 20 that Mr. Palmer was maintaining his "outperform" rating. The shares were then worth $69.70.