Texas Roadhouse (TXRH) Tops Q4 EPS by 2c

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RBC Capital Raises Price Target on Texas Roadhouse (TXRH); Reflecting Stronger Margins From Beef Deflation

February 23, 2016 7:37 AM EST

RBC Capital reiterated a Sector Perform rating on Texas Roadhouse (NASDAQ: TXRH), and raised the price target to $42.00 (from $41.00), following the company's 4Q earnings report. RBC is raising the price target from $41 to $42 and 2016 and 2017 EPS estimates from $1.66 and $1.97 to $1.68 and $1.99, respectively. 4Q15... More