UPDATE: Goldman Sachs Initiates Coverage on Burger King Worldwide on International Growth and Upcoming Recapitalization
November 25, 2013 at 08:45 AM EST
In a report published Monday, Goldman Sachs analyst Michael Kelter initiated coverage on Burger King Worldwide (NYSE: BKW ) with a Buy rating and $25.00 price target. In the report, Goldman Sachs noted, “We see BKW as being in the ‘Fountain of Youth' phase of its lifecycle, with accelerated international