Barclays raised the firm’s price target on Kura Sushi (KRUS) to $75 from $71 and keeps an Equal Weight rating on the shares. The company’s Q3 results were mixed with comps below and earnings above Street estimates, the analyst tells investors in a research note. The firm says Kura ‘s comps accelerated through Q3 turning positive in May, with the momentum continuing into Q4.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRUS:
