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Kura Sushi price target raised to $67 from $59 at Piper Sandler

Piper Sandler analyst Brian Mullan raised the firm’s price target on Kura Sushi (KRUS) to $67 from $59 and keeps a Neutral rating on the shares following an Investor Meeting with the company at the ICR Conference in Orland. As discussed on the recent Fiscal Q1 2026 earnings call, management believes that the recent de-coupling of the reservation system from the rewards program could drive increased consumer uptake of the platform. Said decoupling only took place in December, so it will be important / interesting to monitor progress on this initiative over the balance of the Fiscal Year, the firm adds.

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