The Globe and Mail reports in its Friday, Feb. 9, edition that Scotia Capital analyst George Doumet continues to rate Restaurant Brands International "sector outperform." The Globe's David Leeder writes that Mr. Doumet elevated his share target to $81 from $80 (all figures U.S.). Analysts on average target the shares at $82.02. Mr. Doumet says in a note: "We are largely in line with consensus for Q4 and we'll be keeping a close eye at BK USA traffic (flat last quarter) and comp trends (which disappointed last quarter). Despite the expectations for moderating SSS growth in 2024 (cycling tough pricing comparables), we believe we could still see upside in Restaurant Brands shares, aided by: (I) upside to valuation (shares trading at a modest discount to its IHF peers) if Restaurant Brands is able to hit its 5-per-cent-plus NRG target and (ii) quicker than expected normalization of Tims supply chain margins (we model 20 per cent for 2024 vs. the Street closer to 18.8 per cent). Restaurant Brands remains one of our preferred 'defensive growth' names." The Globe reported on March 29, Oct. 31 and Jan. 18 that Mr. Doumet rated Restaurant Brands "sector outperform." It was then worth $64.50, $66.42 and $76.74.