We recently published 14 Stocks Jim Cramer Talked About. Texas Roadhouse, Inc. (NASDAQ:TXRH) is one of the stocks Jim Cramer talked about.
Restaurant chain Texas Roadhouse, Inc. (NASDAQ:TXRH)’s shares are up by 7% over the past year and by 12.8% year-to-date. BMO Capital started the year on a strong note for the firm as it hiked the share price target to $170 from $155 and kept a Market Perform rating, according to The Fly. In its report, the financial firm commented that Texas Roadhouse, Inc. (NASDAQ:TXRH). and the broader restaurant sector could face challenges in 2026, which include cost and consumer spending pressures. More recently, TD Cowen initiated coverage, as it set a $215 share price target and a Buy rating. TD Cowen discussed Texas Roadhouse, Inc. (NASDAQ:TXRH)’s same-store sales and a reputation for value. The financial firm used value perceptions to emphasize that the restaurant firm could benefit from changing consumer perceptions. Morgan Stanley also hiked Texas Roadhouse, Inc. (NASDAQ:TXRH)’s share price target to $208 from $205 and kept an Overweight rating. Cramer briefly discussed the coverage:
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“Texas Roadhouse. Right there. Okay. They’ve got to buy. They have United Arab Emirates. They got Philippines. Alright. The stock. Morgan Stanley liked it. . .maybe beef comes down. There you go.”
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Disclosure: None. This article is originally published at Insider Monkey.