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Texas Roadhouse price target raised to $146 from $123 at BofA

BofA analyst Sara Senatore raised the firm’s price target on Texas Roadhouse to $146 from $123 and keeps a Buy rating on the shares. Ahead of Q4 earnings season for the group, the firm is fine-tuning estimates for 14 of its covered restaurant companies and adjusting price targets to reflect estimate changes and higher market multiples.

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