Lake Street analyst Mark Smith lowered the firm’s price target on Kura Sushi (KRUS) to $70 from $79 and keeps a Buy rating on the shares after Kura reported fiscal Q1 revenue and same-store sales that modestly exceeded the firm’s expectations. The firm views the quarter as “steady amid a more pressured consumer environment,” but is lowering its price target as it rolls its valuation to new F2027 estimates and accounts for lower bottom line growth.
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