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Texas Roadhouse price target lowered to $228 from $239 at BofA

BofA lowered the firm’s price target on Texas Roadhouse (TXRH) to $228 from $239 and keeps a Buy rating on the shares. The firm lowered its 2026 EPS estimate to $6.25 from $7.60, but notes its 2027 view is largely unchanged as it expects the beef inflation to reverse.

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