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Texas Roadhouse Wins Jefferies Upgrade to Buy After Share Price Pullback

Jefferies raised its rating from Hold, calling the lower share price an attractive entry point. Texas Roadhouse shares rose in early trading Oct. 14.

By Enna Lee
Published
A wooden steakhouse porch catches the early morning sunlight / TokenPost.ai
A wooden steakhouse porch catches the early morning sunlight / TokenPost.ai

Jefferies raised Texas Roadhouse Inc. to Buy from Hold on Oct. 14, pointing to the stock’s pullback as an attractive entry point as shares gained in early trading.

The upgrade marks a shift from the firm’s previous Hold rating. Texas Roadhouse shares were higher in early trading Wednesday.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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