Texas Roadhouse price target raised to $188 from $185 at Barclays

Barclays raised the firm’s price target on Texas Roadhouse (TXRH) to $188 from $185 and keeps an Equal Weight rating on the shares. The company’s Q4 report fell short on all key metrics, with its comp growth slowing through the quarter and beef inflation outsized, the analyst tells investors in a research note. However, the firm says Texas Roadhouse’s Q1 comps re-accelerated.