Texas Roadhouse (TXRH) PT Raised to $137 at Truist Securities

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Go back to Texas Roadhouse (TXRH) PT Raised to $137 at Truist Securities

JPMorgan lifts Texas Roadhouse, cuts Bloomin Brands as all signs point to restaurant soft landing

January 23, 2024 8:50 AM EST

Analysts at JPMorgan downgraded Bloomin' Brands (NASDAQ: BLMN) to Neutral from Overweight and Cheesecake Factory (NASDAQ: CAKE) to Underweight from Neutral while raising Texas Roadhouse (NASDAQ: TXRH) to Neutral from Underweight in a note to clients Tuesday.

The BLMN price target was raised to... More