RBC Capital lowered the firm’s price target on Texas Roadhouse (TXRH) to $175 from $185 and keeps a Sector Perform rating on the shares. The company’s Q3 print was mixed as consumer demand remains strong but beef inflation continues to be higher-than-expected, the analyst tells investors in a research note.
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Read More on TXRH:
- Texas Roadhouse price target lowered to $155 from $170 at BMO Capital
- Texas Roadhouse price target lowered to $228 from $239 at BofA
- Texas Roadhouse price target lowered to $168 from $175 at Stephens
- Texas Roadhouse price target lowered to $170 from $187 at Barclays
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