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Texas Roadhouse price target raised to $165 from $140 at Wells Fargo
The Fly

Texas Roadhouse price target raised to $165 from $140 at Wells Fargo

Wells Fargo raised the firm’s price target on Texas Roadhouse to $165 from $140 and keeps an Equal Weight rating on the shares. Texas Roadhouse’s results impressed again, with Q1 comps up 8.4% and Q2-to-date up 9%, the analyst tells investors in a research note. The firm remains on the sidelines and is awaiting a better entry point.

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