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Kura Sushi price target lowered to $55 from $120 at Roth Capital

Roth Capital lowered the firm’s price target on Kura Sushi (KRUS) to $55 from $120 and keeps a Buy rating on the shares after its Q2 results. The firm notes that its profitability estimates move materially lower due to tariffs, but it also sees potential for tariff mitigation from supply chain adjustments and pricing actions, adding that it expects Kura Sushi to emerge in a stronger competitive position as it did exiting COVID, the analyst tells investors in a research note.

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