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Kura Sushi price target raised to $102 from $85 at Benchmark

Benchmark raised the firm’s price target on Kura Sushi (KRUS) to $102 from $85 and keeps a Buy rating on the shares following the better than expected fiscal Q3 report. The firm maintains its “Best Idea designation” on the shares. Benchmark believes “impressive momentum” in the business was unlocked in Q3 with the return of intellectual property partnerships and the launch of a reservation system.

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