Goldman Sachs raised the firm’s price target on Texas Roadhouse (TXRH) to $200 from $175 and keeps a Neutral rating on the shares. Restaurant stocks have outperformed the S&P 500 year-to-date, supported by optimism around potential tariff relief, stimulus, and tax cuts, which could boost household consumption, the analyst tells investors in a research note. Despite this, roughly 40% of companies are projected to report negative same-store sales growth in 4Q25, indicating mixed near-term results, Goldman says.
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