Seaport Global Initiates Coverage On Texas Roadhouse with Buy Rating, Announces Price Target of $195
Seaport Global analyst Eric Gonzalez initiates coverage on Texas Roadhouse (NASDAQ:TXRH) with a Buy rating and announces Price Target of $195.
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Wells Fargo analyst Zachary Fadem maintains Texas Roadhouse (NASDAQ:TXRH) with a Overweight and raises the price target from $220 to $230.
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Seaport Global analyst Eric Gonzalez initiates coverage on Texas Roadhouse (NASDAQ:TXRH) with a Buy rating and announces Price Target of $195.
The 10-year Treasury yield broke 5% for the first time since 2007 as WTI surged past $105 on Saudi pipeline outages, pressuring stocks ahead of the Fed.
Texas Roadhouse director Donna Epps sold 820 shares and gifted 49 shares on Aug. 17, 2026, reducing her stake by 18% while retaining nearly 4,000 shares and 1,200 derivative securities. The analyst views this as routine insider housekeeping and not a cause for concern, noting the company's strong performance with 11% sales growth and 6% same-store sales growth, though valuation is reasonable but not cheap at 17x cash flow.