The Globe and Mail reports in its Tuesday, March 3, edition that Stifel analyst Chris O'Cull has elevated his recommendation for Restaurant Brands International to "buy" from "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. O'Cull's share target soared $22 to $90 (all figures U.S.). Analysts on average target the shares at $78.68. Mr. O'Cull says in a note: "We roll out our estimates to FY28 given management's updated targets. We raise FY26 revenue slightly where we had previously mismodeled RH inter-segment eliminations. We also tweak SSS higher for the year as we think the Popeyes will comp positive in 2H26 and correspondingly raise Q3 segment SSS by 100 bps. EPS comes up 40 bps to account for the company's new $500m share buyback program. For FY27, our total revenue estimate is 4.3 per cent lower as the company refranchises Restaurant Holdings restaurants, lowering the segment's contribution to company sales. As a result, AOI and EPS are 2.6 per cent and 2.3 per cent lower, partially offset by lower cost of sales given the refranchisings. We also lower our total unit growth estimate slightly by 33 basis points."