Stephens & Co. Reinstates Equal-Weight on Texas Roadhouse, Announces $150 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jim Salera reinstates coverage on Texas Roadhouse (TXRH) with an Equal-Weight rating and sets a price target of $150.

April 12, 2024 | 8:57 am
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Texas Roadhouse reinstated by Stephens & Co. with an Equal-Weight rating and a $150 price target.
The reinstatement of coverage by a notable analyst firm like Stephens & Co., coupled with a high price target, is likely to generate positive sentiment among investors. This could lead to increased investor confidence and potentially drive the stock price up in the short term. The Equal-Weight rating suggests a balanced view on the stock, indicating that while there are positive aspects, there may also be risks or challenges that prevent a more bullish rating.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100