Texas Roadhouse Downgraded: Analyst Cites Balanced Risk-Reward After Recent Outperformance

The analyst is not negative on TXRH but sees a more balanced Risk Reward following strong outperformance since ~mid-October.

On a relative basis, TXRH has outperformed all but one of the other eleven Full Service restaurant stocks in the analyst's coverage.

The analyst sees revenue and EPS of $5.145 billion and $5.34 in FY24 and $5.419 billion and $6.02 in FY25. 

Price Action: TXRH shares are trading higher by 1.39% at $114.13 on the last check Friday.

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