JP Morgan Maintains Neutral on Texas Roadhouse, Raises Price Target to $142
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains a Neutral rating on Texas Roadhouse (NASDAQ:TXRH) and raises the price target from $120 to $142.
February 26, 2024 | 12:34 pm
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JP Morgan analyst John Ivankoe maintains a Neutral rating on Texas Roadhouse but raises the price target from $120 to $142.
The increase in the price target from $120 to $142 by a reputable analyst suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100