Gordon Haskett downgraded Texas Roadhouse (TXRH) to Hold from Buy with a $192 price target The firm sees a balanced risk/reward given the expectation for waning margin expansion momentum in 2025 with menu pricing no longer materially outpacing commodity inflation and the prospect for greatly diminished upward revision momentum, the analyst tells investors in a research note.
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Read More on TXRH:
- Texas Roadhouse downgraded to Hold from Buy at Gordon Haskett
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