Wedbush Maintains Outperform on Texas Roadhouse, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained an Outperform rating on Texas Roadhouse (NASDAQ:TXRH) and increased the price target from $110 to $120.
December 01, 2023 | 2:15 pm
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Wedbush analyst Nick Setyan maintains an Outperform rating on Texas Roadhouse and raises the price target from $110 to $120.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to an increase in investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100