Barclays Maintains an 'Overweight' on Texas Roadhouse (TXRH); One Real Strong Growth Story

Barclays maintains an 'Overweight' on Texas Roadhouse (NASDAQ: TXRH) price target raised $1 to $21.

Analyst, Jeffrey A. Bernstein, said, "Make no mistake... when it comes to top-line trends, all are likely bullish on TXRH, as still one of the strongest growth stories in a 'recovering' casual dining segment, with both comp and unit growth consistently leading the industry...Ultimately, momentum is allowing the brand to get "bigger, stronger, faster"."

Barclays raises FY12 EPS estimate from $0.95 to $0.97 and FY13 from $1.06 to $1.10.

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 $17.25 yesterday.

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