Form 8-K Texas Roadhouse, Inc. For: Oct 29
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Texas Roadhouse (TXRH) PT Lowered to $66 at RBC Capital
October 30, 2018 7:27 AM EDTRBC Capital analyst David Palmer lowered the price target on Texas Roadhouse (NASDAQ: TXRH) to $66.00 (from $74.00) while maintaining a Outperform rating.
Palmer said they now estimate that corporate margins will be under 8% for the first time since the financial crisis as labor and G&A was surprisingly high in 3Q.
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