Raymond James Maintains Strong Buy Rating for Texas Roadhouse: Here's What You Need To Know

Raymond James Maintains Strong Buy Rating for Texas Roadhouse: Here's What You Need To Know

Raymond James has decided to maintain its Strong Buy rating of Texas Roadhouse TXRH and lower its price target from $108.00 to $100.00.

Shares of Texas Roadhouse are trading up 2.6% over the last 24 hours, at $82.42 per share.

A move to $100.00 would account for a 21.34% increase from the current share price.

About Texas Roadhouse

Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-AAR-UPDATEAnalyst Ratings