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Fly News Breaks for June 22, 2017
TXRH
Jun 22, 2017 | 07:23 EDT
As noted earlier, BMO Capital upgraded Texas Roadhouse to Outperform from Market Perform. Analyst Andrew Strelzik upgraded the stock based on his belief that the company is one of the best ways to play "on upcoming acceleration in industry comp trends related to moderating commodity deflation." The analyst expects the company's comp sales and EPS to beat expectations in 2H17 and 2018. Target to $58 from $48.
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