The Globe and Mail reports in its Saturday, April 29, edition that after previewing Restaurant Brands International's May 2 earnings release, BMO Capital Markets analyst Peter Sklar reaffirmed his "outperform" recommendation, while bumping his share target to $79 from $76 (all figures U.S.). The Globe's David Leeder writes that analysts on average target the shares at $71. Mr. Sklar says in a note: "Based on traffic data in both U.S. and Canada, and recent results from competitors, we believe Restaurant Brands could report Q1/23 comps towards the high-end of the current estimate range. Headline EPS results should remain within the estimate range, as variability in costs continue and BK U.S. has accelerated its 'Reclaim the Flame' investment. We continue to rate Restaurant Brands 'outperform,' based on improving momentum at all three major brands. Tim's is benefiting from trade-down, and BK U.S. is narrowing the gap vs. its peers." The Globe reported on Jan. 28 and April 4 that RBC had reaffirmed Restaurant Brands as one of its "top picks." It was then worth $66.99 and $66.20. The Globe reported on Feb. 16 that Citi had an unchanged "neutral" call on Restaurant Brands when it could be had for $66.50.