UPDATE: DA Davidson Terminates Coverage on Texas Roadhouse

DA Davidson says it is dropping its Neutral rating on Texas Roadhouse (NASDAQ: TXRH) due to the departure of the analyst that covered the company.

DA Davidson notes, "Due to the departure of our analyst we are dropping coverage of TXRH shares effective immediately. All estimates, target prices and rating (Neutral) published by D.A. Davidson & Co. on April 26, 2012 are now being vacated."

TXRH closed at $17.40 on Monday.

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