Kura Sushi price target cut to $85, removed from Best Ideas List at Benchmark

Benchmark lowered the firm’s price target on Kura Sushi (KRUS) to $85 from $102 and keeps a Buy rating on the shares while removing Kura Sushi from Benchmark’s Best Ideas List. However, the firm remains “highly constructive” on both the concept and the team growing it into the first sushi chain with a truly national footprint in the U.S., the analyst tells investors.