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Kura Sushi price target raised to $98 from $62 at Lake Street

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.

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