Texas Roadhouse (TXRH) PT Lowered to $50 at Wells Fargo

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Wedbush Reiterates Outperform Rating on Texas Roadhouse (TXRH) Following 1Q

May 5, 2020 7:17 AM EDT

Wedbush analyst Nick Setyan reiterated an Outperform rating and $73.00 price target on Texas Roadhouse (NASDAQ: TXRH) following the company's 1Q. EPS of $0.23 was below $0.41 consensus. Labor expense was the primary driver of the EPS miss. April SSS growth was -46.7% (vs. -46.8% cons.... More