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BTCC / BTCC Square / Global Cryptocurrency /
Texas Roadhouse Stock Slips Amid Analyst Downgrade and Beef Price Concerns

Texas Roadhouse Stock Slips Amid Analyst Downgrade and Beef Price Concerns

Author:
Global Cryptocurrency
Published:
2025-09-05 01:03:01
16
3
BTCCSquare news:

Texas Roadhouse shares fell over 1% Thursday, underperforming a modestly rising market. Evercore ISI analyst David Palmer downgraded the stock to 'in-line' from 'outperform,' citing persistent double-digit beef price inflation as a key headwind. His new $190 price target reflects lowered earnings estimates for 2025.

While Palmer acknowledged strong same-restaurant sales and foot traffic metrics, the commodity pressure overshadowed operational strengths. The downgrade highlights how input costs can derail even fundamentally sound restaurant stocks during inflationary periods.

|Square

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