Barclays lowered the firm’s price target on Kura Sushi (KRUS) to $75 from $102 and keeps an Equal Weight rating on the shares as part of a fiscal Q2 preview. The firm reduced Q2 estimates, with comp, EBITDA and earnings numbers now in-line to modestly below the Street, reflecting industry headwinds and Kura’s outsized exposure to the California wildfires.
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