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Fly News Breaks for May 2, 2017
TXRH
May 2, 2017 | 07:30 EDT
Baird analyst David Tarantino raised his price target on Texas Roadhouse to $56 from $48 following its bullish Q1 report. The analyst noted the stronger than expected results and said he remains confident in the company's fundamentals and he believes the solid top and bottom line momentum can help support investor sentiment and a higher valuation. Tarantino reiterated his Outperform rating on Texas Roadhouse shares.
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