Stifel analyst Chris O’Cull lowered the firm’s price target on Texas Roadhouse (TXRH) to $185 from $195 and keeps a Hold rating on the shares ahead of the company’s earnings report due on Thursday, February 20. The firm’s review of mobile location data suggests Q4 comps in the 7%-7.5% range, leading it to lower its Q4 same-store sales growth projection to 7.5% from 8%, the analyst tells investors in a preview.
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