Morgan Stanley Maintains Equal-Weight on Texas Roadhouse, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Texas Roadhouse (NASDAQ:TXRH) and raises the price target from $200 to $205.
October 25, 2024 | 11:44 am
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Morgan Stanley has maintained its Equal-Weight rating on Texas Roadhouse and increased the price target from $200 to $205, indicating a slightly positive outlook.
The increase in the price target from $200 to $205 by Morgan Stanley suggests a slightly positive outlook for Texas Roadhouse. The maintenance of an Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100