TXRH - Texas Roadhouse Downgraded: Analyst Cites Balanced Risk-Reward After Recent Outperformance | Benzinga
Piper Sandler analyst Brian Mullan downgraded Texas Roadhouse Inc (NASDAQ: TXRH) to Neutral from Overweight and noted TXRH has simply achieved and moved through the $110 price target.
The analyst is not negative on TXRH but sees a more balanced Risk Reward following strong outperformance since ~mid-October.
On a relative basis, TXRH has outperformed all but one of the other eleven Full Service restaurant stocks in the analyst's ...