Seth Klarman more than doubled his stake in Restaurant Brands International during the third quarter.
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We're adding back half the 80 shares we sold around $190 in May, and upgrading our rating to 1.
The firm upgraded the fast food conglomerate to outperform from in line.
It's taken a few quarters, but the turn has finally started.
Several catalysts, including a new CEO and strong international sales, could boost Yum Brands in the future.
The investment firm upgraded the fast-food chain to a buy rating from neutral.
The Boston-based hedge fund manager took a new position in the hyperscaler amounting to $489.7 million.
