Kura Sushi price target raised to $120 from $85 at Craig-Hallum
The Fly

Kura Sushi price target raised to $120 from $85 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Kura Sushi (KRUS) to $120 from $85 and keeps a Buy rating on the shares. The firm notes Kura delivered impressive Q4 beats on sales and margins as the company saw significant same-store sales improvements in the second half of the year July through August, with better trends continuing in FY25. However, FY25 guidance came in below expectations as management has taken a cautious approach to assuming improved comp results sustain, Craig-Hallum adds.

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