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Fly News Breaks for September 29, 2016
TXRH
Sep 29, 2016 | 06:20 EDT
KeyBanc analyst Chris O'Cull downgraded Texas Roadhouse to Sector Weight saying the company's same-restaurant-sales could be challenging in the current consumer spending environment. Further, the analyst believes the company will take less price raises despite higher labor costs from the new Department of Labor ruling.
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