Stocks
Texas Roadhouse Stock Receives Price Target Reduction to $200.00
Texas Roadhouse (NASDAQ:TXRH) received a price target reduction from JPMorgan Chase & Co. to $200.00, down from $202.00. The brokerage has maintained its 'neutral' rating for the restaurant operator's stock.
The reduced price objective suggests a potential upside of 26.05% from Texas Roadhouse's previous close at $158.67.
Other analysts have also weighed in on the company, with Morgan Stanley reaffirming an 'overweight' rating and a $212.00 price target, while UBS Group raised its target price to $235.00 and gave the company a 'buy' rating.