The Globe and Mail reports in its Tuesday edition that Scotia Capital's George Doumet has reaffirmed his "sector outperform" recommendation for Restaurant Brands International. The Globe's David Leeder writes in the Eye On Equities column that Mr. Doumet gave his share target a $2 trim to $80 (all figures U.S.). Analysts on average target the shares at $78.70. Mr. Doumet says in a note: "Since Restaurant Brands reported Q2 results in early August, shares have been down 9 per cent on the back of concerns around the potential for a deceleration in both traffic (at BK USA) and NRG growth. Heading into the 2H, pricing will likely become less supportive to topline growth and traffic trends will be a key item to watch as consumers face increasing financial pressure and as the mobility tailwind fades in Canada. ... Valuation for Restaurant Brands shares is undemanding, with shares now trading at a 7 per cent discount vs. its historical average and 2 per cent vs. its IHF peers -- and could improve as Restaurant Brands delivers healthy internal metrics (SSS and NRG)." The Globe reported on March 29 that Mr. Doumet had assumed coverage of Restaurant Brands with a "sector outperform" rating. It was then worth $64.50.