Stephens & Co. Maintains Equal-Weight on Texas Roadhouse, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Joshua Long has maintained an Equal-Weight rating on Texas Roadhouse (TXRH) and increased the price target from $105 to $135. This adjustment reflects a positive outlook on the company's stock value.
February 16, 2024 | 12:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Texas Roadhouse's stock price target has been raised from $105 to $135 by Stephens & Co., maintaining an Equal-Weight rating.
The increase in price target by a reputable analyst firm like Stephens & Co. typically signals a bullish outlook on the stock, suggesting that the firm believes the stock has room to grow beyond its current price. This can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100