tiprankstipranks

Kura Sushi price target lowered to $52 from $75 at Barclays

Barclays lowered the firm’s price target on Kura Sushi (KRUS) to $52 from $75 and keeps an Equal Weight rating on the shares. The company’s fiscal Q2 “fell short top to bottom,” with outsized negative comp attributed to weather driving deleverage, the analyst tells investors in a research note. The firm says that while Kura’s comp improved in March, the go-forward is “vulnerable to tariff headlines.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1