BofA raised the firm’s price target on Texas Roadhouse (TXRH) to $219 from $203 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for 20-plus companies across its restaurant coverage and also adjusting selected price targets to reflect estimate and market multiple changes ahead of earnings from the group.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 raised to $189 from $175 at Barclays
- Texas Roadhouse price target raised to $184 from $170 at Stephens
- Texas Roadhouse price target raised to $209 from $191 at Deutsche Bank
- Rivian downgraded, PayPal upgraded: Wall Street’s top analyst calls
- Texas Roadhouse price target raised to $205 from $200 at Morgan Stanley