Morgan Stanley Remains Positive on Texas Roadhouse Following Another Solid Quarter

In a report published Tuesday, Morgan Stanley analyst John Glass reiterated an Equal-Weight rating on

. In the report, Morgan Stanley noted, “Like clockwork, TXRH delivered another solid Q in spite of inclement weather and choppy industry trends. Assuring commentary on tame food inflation in '14 (in part due to above market beef buys in '15) and generous 25% div hike rounded out quarterly results. Maintain FY14 and FY15 EPS est.” Texas Roadhouse closed on Monday at $26.26.