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Initiation
Texas Roadhouse initiated with a Neutral at MKM Partners » 07:54
09/16/20
09/16
07:54
09/16/20
07:54
TXRH

Texas Roadhouse

$65.90 /

+1.08 (+1.67%)

MKM Partners analyst…

MKM Partners analyst Brett Levy initiated coverage of Texas Roadhouse with a Neutral rating and $68 price target. Whilet he company has generated consistent and impressive comps, outpacing many of its peers, prior to the recent challenges, Levy cites near-term uncertainty around the pace and rate of the top-line recovery, along with potential margin pressures and fairly valued shares for the Neutral rating.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

09/15/20 MKM Partners
Texas Roadhouse initiated with a Neutral at MKM Partners
09/09/20 Wedbush
Texas Roadhouse removed from Best Ideas List at Wedbush
08/27/20
Fly Intel: Top five analyst downgrades
08/27/20 Stephens
Texas Roadhouse downgraded to Equal Weight from Overweight at Stephens
TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

Initiation
Texas Roadhouse initiated with a Neutral at MKM Partners » 20:47
09/15/20
09/15
20:47
09/15/20
20:47
TXRH

Texas Roadhouse

$65.90 /

+1.08 (+1.67%)

MKM Partners analyst…

MKM Partners analyst Brett Levy initiated coverage of Texas Roadhouse with a Neutral rating and $68 price target.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

09/09/20 Wedbush
Texas Roadhouse removed from Best Ideas List at Wedbush
08/27/20
Fly Intel: Top five analyst downgrades
08/27/20 Stephens
Texas Roadhouse downgraded to Equal Weight from Overweight at Stephens
08/27/20 Stephens
Stephens resumes Darden at Overweight, names Best Idea
TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

TXRH Texas Roadhouse
$65.90 /

+1.08 (+1.67%)

Recommendations
Texas Roadhouse removed from Best Ideas List at Wedbush » 08:10
09/09/20
09/09
08:10
09/09/20
08:10
TXRH

Texas Roadhouse

/

+

Wedbush removed Texas…

Wedbush removed Texas Roadhouse from its Best Ideas List. The firm continues to expect Texas Roadhouse to emerge as one of the primary share gainers post-COVID within the casual dining category and also expects an above-consensus recovery in top-line trends, corroborated by its August checks. However, given current valuation, Wedbush believes the implied upside no longer warrants a position on the Best Ideas List. Analyst Nick Setyan has an Outperform rating and a $71 price target on the shares.

ShowHide Related Items >><<
TXRH Texas Roadhouse
/

+

TXRH Texas Roadhouse
/

+

08/27/20
Fly Intel: Top five analyst downgrades
08/27/20 Stephens
Texas Roadhouse downgraded to Equal Weight from Overweight at Stephens
08/27/20 Stephens
Stephens resumes Darden at Overweight, names Best Idea
08/05/20 Deutsche Bank
Texas Roadhouse price target raised to $58 from $47 at Deutsche Bank
TXRH Texas Roadhouse
/

+

TXRH Texas Roadhouse
/

+

Over a month ago
Downgrade
Fly Intel: Top five analyst downgrades » 10:02
08/27/20
08/27
10:02
08/27/20
10:02
DKS

Dick's Sporting

$55.50 /

+1.52 (+2.82%)

, BILI

Bilibili

$44.32 /

-4.35 (-8.94%)

, LULU

Lululemon

$380.00 /

-1.38 (-0.36%)

, GBX

Greenbrier

$27.13 /

-0.52 (-1.88%)

, TXRH

Texas Roadhouse

$62.81 /

+1.32 (+2.15%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Dick's Sporting (DKS) downgraded to Perform from Outperform at Oppenheimer with analyst Brian Nagel saying that while he admires the efforts of management to thrive amid consumer sector upheaval, he looks upon stronger sales and earnings lately as largely shorter-term in nature and are hard-pressed to envision the market awarding shares a meaningfully higher multiple. 2. Bilibili (BILI) downgraded to Neutral from Buy at Nomura Instinet with analyst Jialong Shi saying while remaining optimistic on the growth potential of China's professional user generated video market and views Bilibili as well positioned to capitalize on that trend, the stock has surged 162% year-to-date and Shi thinks the company's strong user growth and potential is now fairly valued. 3. Lululemon (LULU) downgraded to Neutral from Outperform at Exane BNP Paribas. 4. Greenbrier (GBX) downgraded to Sector Weight from Overweight at KeyBanc with analyst Steve Barger saying while North America rail traffic and cars in storage have seen sequential improvement, he expects industry fundamentals will remain challenged and the path to cycle inflection could be a long one. 5. Texas Roadhouse (TXRH) downgraded to Equal Weight from Overweight at Stephens with analyst James Rutherford saying its current "lofty valuation" represents 117% of its pre-pandemic EBITDA multiple. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$62.81 /

+1.32 (+2.15%)

LULU Lululemon
$380.00 /

-1.38 (-0.36%)

GBX Greenbrier
$27.13 /

-0.52 (-1.88%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

BILI Bilibili
$44.32 /

-4.35 (-8.94%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

08/27/20
Fly Intel: Top five analyst upgrades
08/27/20 DA Davidson
Dick's Sporting price target raised to $67 from $57 at DA Davidson
08/27/20 Stifel
Dick's Sporting price target raised to $62 from $34 at Stifel
08/27/20 Oppenheimer
Oppenheimer steps to the sidelines on Dick's Sporting, downgrades to Perform
BILI Bilibili
$44.32 /

-4.35 (-8.94%)

08/27/20 Nomura Instinet
Nomura Instinet downgrades Bilibili to Neutral, raises price target to $50
08/27/20 Nomura Instinet
Bilibili downgraded to Neutral from Buy at Nomura Instinet
07/17/20 Bocom
Bilibili downgraded to Neutral from Buy at BOCOM
05/27/20 Morgan Stanley
Bilibili upgraded to Overweight from Equal Weight at Morgan Stanley
LULU Lululemon
$380.00 /

-1.38 (-0.36%)

08/27/20 Exane BNP Paribas
Lululemon downgraded to Neutral from Outperform at Exane BNP Paribas
08/24/20 Gordon Haskett
Lululemon's rise could bring attention to Gap's Athleta, says Gordon Haskett
08/24/20 Susquehanna
Lululemon price target raised to $426 from $360 at Susquehanna
08/18/20 B. Riley Securities
Lululemon price target raised to $385 from $317 at B. Riley FBR
GBX Greenbrier
$27.13 /

-0.52 (-1.88%)

08/27/20 KeyBanc
Greenbrier downgraded at KeyBanc on slow rebound in domestic railcar orders
08/27/20 KeyBanc
Greenbrier downgraded to Sector Weight from Overweight at KeyBanc
07/13/20
Fly Intel: Top five analyst upgrades
07/13/20 Wells Fargo
Greenbrier price target raised to $22 from $17 at Wells Fargo
TXRH Texas Roadhouse
$62.81 /

+1.32 (+2.15%)

08/27/20 Stephens
Texas Roadhouse downgraded to Equal Weight from Overweight at Stephens
08/27/20 Stephens
Stephens resumes Darden at Overweight, names Best Idea
08/05/20 Deutsche Bank
Texas Roadhouse price target raised to $58 from $47 at Deutsche Bank
08/04/20 Wells Fargo
Texas Roadhouse price target raised to $60 from $51 at Wells Fargo
TXRH Texas Roadhouse
$62.81 /

+1.32 (+2.15%)

LULU Lululemon
$380.00 /

-1.38 (-0.36%)

GBX Greenbrier
$27.13 /

-0.52 (-1.88%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

BILI Bilibili
$44.32 /

-4.35 (-8.94%)

  • 13
    Dec
LULU Lululemon
$380.00 /

-1.38 (-0.36%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

TXRH Texas Roadhouse
$62.81 /

+1.32 (+2.15%)

LULU Lululemon
$380.00 /

-1.38 (-0.36%)

GBX Greenbrier
$27.13 /

-0.52 (-1.88%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

BILI Bilibili
$44.32 /

-4.35 (-8.94%)

LULU Lululemon
$380.00 /

-1.38 (-0.36%)

DKS Dick's Sporting
$55.50 /

+1.52 (+2.82%)

BILI Bilibili
$44.32 /

-4.35 (-8.94%)

Downgrade
Texas Roadhouse downgraded to Equal Weight from Overweight at Stephens » 06:30
08/27/20
08/27
06:30
08/27/20
06:30
TXRH

Texas Roadhouse

$61.49 /

-1.35 (-2.15%)

, DRI

Darden

$82.73 /

+0.04 (+0.05%)

Stephens analyst James…

Stephens analyst James Rutherford downgraded Texas Roadhouse (TXRH) to Equal Weight from Overweight, noting that its current "lofty valuation" represents 117% of its pre-pandemic EBITDA multiple. While he thinks its peer-leading comp recovery will likely continue, he also sees Texas Roadhouse's unit margin expansion story as "less exciting than the chain's comp performance," Rutherford tells investors. In addition, he switched his Best Idea designation from Texas Roadhouse to Darden (DRI).

ShowHide Related Items >><<
TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

08/27/20 Stephens
Stephens resumes Darden at Overweight, names Best Idea
08/05/20 Deutsche Bank
Texas Roadhouse price target raised to $58 from $47 at Deutsche Bank
08/04/20 Wells Fargo
Texas Roadhouse price target raised to $60 from $51 at Wells Fargo
08/04/20 Stephens
Texas Roadhouse price target raised to $67 from $62 at Stephens
DRI Darden
$82.73 /

+0.04 (+0.05%)

08/19/20
Fly Intel: Top five analyst downgrades
08/18/20 Stifel
Darden downgraded to Hold from Buy at Stifel
08/13/20 Piper Sandler
Darden price target raised to $95 from $80 at Piper Sandler
TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

  • 21
    Apr
DRI Darden
$82.73 /

+0.04 (+0.05%)

TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

Initiation
Stephens resumes Darden at Overweight, names Best Idea » 06:25
08/27/20
08/27
06:25
08/27/20
06:25
DRI

Darden

$82.73 /

+0.04 (+0.05%)

, TXRH

Texas Roadhouse

$61.49 /

-1.35 (-2.15%)

Stephens analyst James…

Stephens analyst James Rutherford resumed coverage of Darden (DRI) with an Overweight rating and $98 price target and named the stock as his Best Idea, replacing Texas Roadhouse (TXRH). He sees Darden having a "compelling combination" of historical performance, above-average COVID-19 results, and "a multiple that has not yet flexed," Rutherford tells investors. The stock ranks third lowest out of 12 peers he evaluated in terms of recovering its pre-pandemic multiple despite the fact that Darden's key Olive Garden and LongHorn brands are among the best-performing in the industry, the analyst added.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

08/19/20
Fly Intel: Top five analyst downgrades
08/18/20 Stifel
Darden downgraded to Hold from Buy at Stifel
08/13/20 Piper Sandler
Darden price target raised to $95 from $80 at Piper Sandler
07/13/20
Fly Intel: Top five analyst upgrades
TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

08/05/20 Deutsche Bank
Texas Roadhouse price target raised to $58 from $47 at Deutsche Bank
08/04/20 Wells Fargo
Texas Roadhouse price target raised to $60 from $51 at Wells Fargo
08/04/20 Stephens
Texas Roadhouse price target raised to $67 from $62 at Stephens
08/04/20 Longbow
Texas Roadhouse price target raised to $69 from $63 at Longbow
TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

  • 21
    Apr
DRI Darden
$82.73 /

+0.04 (+0.05%)

TXRH Texas Roadhouse
$61.49 /

-1.35 (-2.15%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

DRI Darden
$82.73 /

+0.04 (+0.05%)

Recommendations
Texas Roadhouse price target raised to $58 from $47 at Deutsche Bank » 08:02
08/05/20
08/05
08:02
08/05/20
08:02
TXRH

Texas Roadhouse

$59.72 /

+2.29 (+3.99%)

Deutsche Bank analyst…

Deutsche Bank analyst Brian Mullan raised the firm's price target on Texas Roadhouse to $58 from $47 and keeps a Hold rating on the shares. The analyst views the company's Q2 results as "very solid."

ShowHide Related Items >><<
TXRH Texas Roadhouse
$59.72 /

+2.29 (+3.99%)

TXRH Texas Roadhouse
$59.72 /

+2.29 (+3.99%)

08/04/20 Wells Fargo
Texas Roadhouse price target raised to $60 from $51 at Wells Fargo
08/04/20 Stephens
Texas Roadhouse price target raised to $67 from $62 at Stephens
08/04/20 Longbow
Texas Roadhouse price target raised to $69 from $63 at Longbow
08/04/20 BMO Capital
Texas Roadhouse price target raised to $55 from $44 at BMO Capital
TXRH Texas Roadhouse
$59.72 /

+2.29 (+3.99%)

TXRH Texas Roadhouse
$59.72 /

+2.29 (+3.99%)

Recommendations
Texas Roadhouse price target raised to $60 from $51 at Wells Fargo » 08:49
08/04/20
08/04
08:49
08/04/20
08:49
TXRH

Texas Roadhouse

$57.43 /

+1.21 (+2.15%)

Wells Fargo analyst Jon…

Wells Fargo analyst Jon Tower raised the firm's price target on Texas Roadhouse to $60 from $51 and keeps an Equal Weight rating on the shares. The analyst thinks Q2 results, Q3 to date same-store sales and the company's qualitative comments around sales drivers are enough to keep bulls engaged with the shares.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

08/04/20 Stephens
Texas Roadhouse price target raised to $67 from $62 at Stephens
08/04/20 Longbow
Texas Roadhouse price target raised to $69 from $63 at Longbow
08/04/20 BMO Capital
Texas Roadhouse price target raised to $55 from $44 at BMO Capital
08/04/20 RBC Capital
Texas Roadhouse price target raised to $59 from $51 at RBC Capital
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

Recommendations
Texas Roadhouse price target raised to $67 from $62 at Stephens » 07:23
08/04/20
08/04
07:23
08/04/20
07:23
TXRH

Texas Roadhouse

$57.43 /

+1.21 (+2.15%)

Stephens analyst James…

Stephens analyst James Rutherford raised the firm's price target on Texas Roadhouse to $67 from $62 and keeps an Overweight rating on the shares. Comps have not yet returned to pre-pandemic levels, but he is encouraged by the progress, the analyst tells investors following the company's Q2 report. The quarterly results, including both comp progress and unit-level margins reaching a low- to midteens percentage, "gives credibility to our thesis that Texas Roadhouse will continue to be the best performing casual diner," Rutherford tells investors.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

08/04/20 Longbow
Texas Roadhouse price target raised to $69 from $63 at Longbow
08/04/20 BMO Capital
Texas Roadhouse price target raised to $55 from $44 at BMO Capital
08/04/20 RBC Capital
Texas Roadhouse price target raised to $59 from $51 at RBC Capital
07/27/20 Stephens
McDonald's, Domino's among restaurant stocks to own now, says Stephens
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

Recommendations
Texas Roadhouse price target raised to $69 from $63 at Longbow » 07:11
08/04/20
08/04
07:11
08/04/20
07:11
TXRH

Texas Roadhouse

$57.43 /

+1.21 (+2.15%)

Longbow analyst Alton…

Longbow analyst Alton Stump raised the firm's price target on Texas Roadhouse to $69 from $63 and keeps a Buy rating on the shares after the company's Q2 earnings and indication that company-owned comparable sales declined 13.0% in July, which was a "modest improvement" from June trends. While he sees a near-term impact from COVID-19, Stump is confident in the company's long-term fundamentals, he tells investors.

ShowHide Related Items >><<
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

08/04/20 BMO Capital
Texas Roadhouse price target raised to $55 from $44 at BMO Capital
08/04/20 RBC Capital
Texas Roadhouse price target raised to $59 from $51 at RBC Capital
07/27/20 Stephens
McDonald's, Domino's among restaurant stocks to own now, says Stephens
07/09/20 Credit Suisse
Texas Roadhouse initiated with an Outperform at Credit Suisse
TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

TXRH Texas Roadhouse
$57.43 /

+1.21 (+2.15%)

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