RBC Capital raised the firm’s price target on Texas Roadhouse (TXRH) to $200 from $185 but keeps a Sector Perform rating on the shares as part of a broader research note previewing 2025 in Restaurant and Leisure sector. The company’s comps are decelerating in FY25, and with somewhat limited margin upside, the stock’s valuation already reflects its outperformance with a more balanced risk/reward, the analyst tells investors in a research note.
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Read More on TXRH:
- Texas Roadhouse initiated with a Neutral at Goldman Sachs
- Texas Roadhouse price target lowered to $209 from $215 at Loop Capital
- Texas Roadhouse price target raised to $207 from $202 at Truist
- Texas Roadhouse price target raised to $185 from $175 at RBC Capital
- Texas Roadhouse price target raised to $162 from $155 at BMO Capital