Lake Street analyst Mark Smith raised the firm’s price target on Kura Sushi (KRUS) to $98 from $62 and keeps a Buy rating on the shares. The company reported a fiscal Q3 beat despite a difficult operating environment, the analyst tells investors in a research note. The firm now has more confidence in Kura continuing to drive growth and improving results.
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:
- Kura Sushi price target raised to $106 from $89 at Roth Capital
- Kura Sushi price target raised to $102 from $85 at Benchmark
- Kura Sushi USA: Strong Financial Performance and Strategic Initiatives Justify Buy Rating
- Kura Sushi price target raised to $96 from $85 at Citi
- Kura Sushi price target raised to $75 from $71 at Barclays