Texas Roadhouse (TXRH) volatility elevated into Q2 and outlook

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RBC Capital Raises Price Target on Texas Roadhouse (TXRH) to $46; Remains Sidelined

August 2, 2016 7:11 AM EDT

RBC Capital reiterated a Sector Perform rating on Texas Roadhouse (NASDAQ: TXRH), and raised the price target to $46.00 (from $44.00), following the company's 2Q earnings report. The raise in price target and EPS estimates reflect stronger margins from beef deflation through 2017.

Analyst David... More