Stephens & Co. Maintains Equal-Weight on Texas Roadhouse, Raises Price Target to $115
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Joshua Long maintains an Equal-Weight rating on Texas Roadhouse (NASDAQ:TXRH) and raises the price target from $112 to $115.
July 14, 2023 | 10:45 am
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Texas Roadhouse's price target has been raised from $112 to $115 by Stephens & Co. The rating remains at Equal-Weight.
The news of a raised price target usually has a positive impact on the stock as it indicates the analyst's increased confidence in the company's performance. However, the rating remains at Equal-Weight, suggesting that the stock is fairly valued at the moment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100