Jefferies upgrades Texas Roadhouse to Buy, citing overdone pullback; shares rise

Investing.com -- Texas Roadhouse Inc (NASDAQ:TXRH) shares ticked up 2% in Wednesday’s premarket session following an upgrade from Jefferies, which labeled the casual dining chain’s recent pullback a rare buying opportunity. Analyst Andy Barish raised his rating on the stock to Buy from Hold while lifting the price target to $190 from $186, signaling confidence in the company's ability to maintain industry-leading sales and earnings growth.