Investors traded out of Texas Roadhouse (NASDAQ: TXRH) on Thursday, causing a more than 1% decline, despite the S&P 500 rising by 0.8%. Analyst David Palmer downgraded the stock to hold with a price target of $190 per share, citing concerns about rising beef prices. However, another analyst, Lynne Collier, initiated coverage with a buy recommendation and a $211 price target. Consider the impact of these recommendations before investing in Texas Roadhouse. The Motley Fool Stock Advisor team has identified the 10 best stocks to buy now, with Texas Roadhouse not making the list.

Read more at Nasdaq: Why Texas Roadhouse Stock Slipped Today