Texas Roadhouse Inc (TXRH) shares have surpassed the average analyst 12-month target price of $104.88, currently trading at $108.02. This shift prompts analysts to either downgrade their valuation or raise their target prices based on the company’s fundamental developments.
There are 17 analyst targets within the Zacks coverage for TXRH, with forecasts ranging from a low of $90 to a high of $125, and a standard deviation of $9.629. Recent ratings show 5 strong buys, 1 buy, 10 holds, and 1 strong sell, producing an average rating of 2.47, indicating a general bullish sentiment among analysts.
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