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UPDATE: Raymond James Upgrades Texas Roadhouse, Inc. to Strong Buy, Maintains $29.00 PT

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In a research note from Raymond James Monday morning, Texas Roadhouse, Inc. (NASDAQ: TXRH) was upgraded from Outperform to Strong Buy and the $29.00 price target was maintained.

The firms analyst Bryan C. Elliot said, "TXRH has drifted to a point where it now has the lowest EV/EBITDA multiple in our growth restaurant universe."

Elliot also sees continued historical out performance over it's industry peers, especially on same store sales.

TXRH is trading at $25.26, up over 3 percent on the day.

Latest Ratings for TXRH

DateFirmActionFromTo
Aug 2015Deutsche BankMaintainsHold
Aug 2015BMO CapitalMaintainsMarket Perform
Jul 2015BTIG ResearchInitiates Coverage onNeutral

View More Analyst Ratings for TXRH
View the Latest Analyst Ratings

Posted-In: Analyst Color News Upgrades Price Target Analyst Ratings

 

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