Texas Roadhouse price target lowered to $216 from $228 at BofA
BofA lowered the firm’s price target on Texas Roadhouse (TXRH) to $216 from $228 and keeps a Buy rating on the shares. The firm’s FY26 EPS estimate is cut to $6.27 from $6.80, reflecting a more conservative margin outlook to incorporate higher structural cost assumptions across costs of goods sold, labor, and other operating expenses, the analyst tells investors.
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