The Globe and Mail reports in its Thursday, Sept. 21, edition that Truist Securities Data Science and Engineering analyst Jake Bartlett has reaffirmed his "buy" recommendation for Restaurant Brands International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Bartlett shaved his share target by a buck to $89 (all figures U.S.). Analysts on average target the shares at $81.06. The Globe says Mr. Bartlett tweaked his share target following the latest analysis of the credit and debit card data from U.S. fast food restaurants. The Globe adds that Mr. Bartlett thinks Restaurant Brands has the potential for a "strong" miss with its third quarter results despite demand appearing "solid." Mr. Bartlett says in a note: "The Truist Card Data adjusted estimate for 3Q23 U.S. Burger King system sales of $2.76-billion is 2 per cent below consensus. We are lowering our 3Q23 US BK SSS [same-store sales] estimate to a gain of 6.5 per cent, from 11.5 per cent, below consensus of 7.9 per cent. Our 3Q23 U.S. BK system sales estimate is now roughly inline with the card-based estimate. We based our initial 3Q23 U.S. BK SSS on four-year trends, which had accelerated for five consecutive quarters."