BMO Capital lowered the firm’s price target on Texas Roadhouse (TXRH) to $155 from $170 and keeps a Market Perform rating on the shares. The company’s Q3 earnings missed consensus by $0.03 as beef inflation more than offset modest comp beat and favorable G&A/taxes, the analyst tells investors in a research note.
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Read More on TXRH:
- Texas Roadhouse price target lowered to $228 from $239 at BofA
- Texas Roadhouse price target lowered to $168 from $175 at Stephens
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