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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 $168 from $175 at Stephens
- 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