Texas Roadhouse price target raised to $100 from $86 at Stephens

Stephens analyst Joshua Long raised the firm’s price target on Texas Roadhouse to $100 from $86 and keeps an Equal Weight rating on the shares following Q4 results the firm calls "a touch softer-than-expected." However, Stephens adds that comps during the first seven weeks of Q1 are running at 15.8% growth and while it expects comps to moderate as the first quarter unfolds, it still sees them coming in higher than the firm previously expected.