Kura Sushi price target raised to $124 from $122 at Citi

Citi raised the firm’s price target on Kura Sushi to $124 from $122 and keeps a Neutral rating on the shares. The company’s positive fiscal Q2 traffic and fiscal 2024 guidance raise “will likely stand in stark contrast to many restaurants this earnings season and there’s reason to believe topline guidance may prove conservative,” the analyst tells investors in a research note.