Stephens lowered the firm’s price target on Texas Roadhouse (TXRH) to $168 from $175 and keeps an Equal Weight rating on the shares after the company delivered “solid” Q3 results. While “constructive” on the brand’s traffic leadership and operational discipline, the firm views the beef cycle as a headwind that tempers incremental upside in the near term, the analyst tells investors in a post-earnings note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TXRH:
- Texas Roadhouse price target lowered to $170 from $187 at Barclays
- Texas Roadhouse: Strong Sales Growth and Strategic Expansion Signal Long-Term Investment Opportunity
- Texas Roadhouse Reports Steady Revenue Growth in Q3 2025
- Texas Roadhouse Declares Quarterly Dividend Amid Revenue Growth
- Texas Roadhouse sees positive comparable restaurant sales growth for FY25