Texas Roadhouse (TXRH) Misses Q3 EPS by 1c, Offers Outlook

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Texas Roadhouse (TXRH) Anticipates Low Food Costs in 4Q; RBC Capital Raises Price Target to $41

November 3, 2015 7:45 AM EST

RBC Capital reiterated a Sector Perform rating on Texas Roadhouse (NASDAQ: TXRH), and raised the price target to $41.00 (from $40.00), as food cost deflation is anticipated to be in single-digits next year. While 3Q food inflation of 6% was likely higher than expected, the... More