NEW YORK (TheStreet) -- Restaurant Brands International (QSR) - Get Report stock is rising 0.33% to $33.91 in mid-morning trading on Wednesday after the Canadian company's price target was boosted to $36 from $34 at Credit Suisse following better than expected 2015 fourth quarter results.
On Tuesday before the market open, Restaurant Brands reported earnings of 35 cents per share on revenue of $1.06 billion for the last quarter of 2015. Analysts had estimated earnings of 30 cents per share on $1.03 billion in revenue.
Credit Suisse maintained its "neutral" rating on the Burger King and Tim Hortons parent company because of concerns over Tim Hortons' growth potential outside existing markets.
"Management said it will 'have to move even faster' to drive [Tim Hortons] expansion, and indeed it may [need to be quicker] to catch-up with Street expectations for growth," Credit Suisse said in an analyst note this morning.
Restaurant Brands' earnings growth is expected to decelerate in 2016 following strong 2015 earnings, which were driven by cost savings, analysts added.
Separately, Restaurant Brands has a "hold" rating and a letter grade of C at TheStreet Ratings because of the company's strengths, such as robust revenue growth, compelling growth in net income and good cash flow from operations, and its weaknesses, including disappointing return on equity, disappointing stock performance and generally higher debt management risk.
You can view the full analysis from the report here: QSR
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.