Jefferies upgrades Texas Roadhouse to Buy, citing overdone pullback; shares rise

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Go back to Jefferies upgrades Texas Roadhouse to Buy, citing overdone pullback; shares rise

Jefferies flags a "rare opportunity" to own this quality stock

October 16, 2026 7:00 PM EDT

Jefferies upgraded a restaurant stock to Buy with a $190 price target in a note to clients, telling investors that the stocks recent pullback offers an attractive entry point into a quality growth story.

Analyst Andy Barish noted that Texas Roadhouse (NASDAQ: TXRH) shares have been subdued this year, while casual dining peers are up 50%. The stock fell 20% in September alone, compared with a... More