The Globe and Mail reports in its Wednesday edition that RBC Dominion Securities analyst Christopher Carril is sticking with his "outperform" recommendation for Restaurant Brands International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Carril gave his share target a $2 (U.S.) boost to $86 (U.S.). Analysts on average target the shares at $75.78 (U.S.). Mr. Carril sees "another solid top-line" in the second quarter for North American fast-food restaurants "though moderating relative to the [first quarter] as comparisons further 'normalize.'" Mr. Carril says in a note: "We continue to view QSR as our top pick among the global franchised fast food group. We see potentially improving Burger King U.S. trends, accelerating development and shifts in capital allocation (toward growth investments and reduction in leverage) driving stock performance. Relative valuation for QSR remains compelling (18 times 2024 estimated EBITDA, versus global peer average of 18.2 times), particularly as we are taking a more cautious stance on the overall group." The Globe reported on May 4 that Citi analyst Jon Tower had reiterated his "neutral" call for Restaurant Brands when it could be had for $70.79 (U.S.).