Stephens Downgrades Texas Roadhouse (TXRH) to Equal Weight

Stephens analyst Will Slaubaugh downgraded Texas Roadhouse (NASDAQ: TXRH) from Overweight to Equal Weight with a price target of $70.00 (from $75.00).

The analyst likes the bull case but feels the all-time high valuation reflected the positive story and he believes limited flow-through may make positive earnings revision tough to generate.

For an analyst ratings summary and ratings history on Texas Roadhouse click here. For more ratings news on Texas Roadhouse click here.

Shares of Texas Roadhouse closed at $73.07 yesterday.

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