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Fly News Breaks for March 20, 2019
TXRH
Mar 20, 2019 | 06:56 EDT
Stephens analyst Will Slabaugh upgraded Texas Roadhouse to Overweight from Equal Weight as he thinks the company can deliver better than expected same-store sales and EPS growth as it implements a price increase at the beginning of Q2. The analyst, who expects the company's "impressive" traffic growth trajectory to continue, keeps a $70 price target on Texas Roadhouse shares.
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