Barclays analyst Jeffrey Bernstein raised the firm’s price target on Texas Roadhouse (TXRH) to $185 from $170 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the restaurant group as part of its 2026 outlook. Sales challenges persist for the sector, the analyst tells investors in a research note. Barclays expects quick service to regain share from fast casual and casual dining, and it remains bullish on foodservice distribution.
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