Kura Sushi price target raised to $130 from $90 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Kura Sushi to $130 from $90 and keeps a Buy rating on the shares. The firm expects Kura to deliver strong Q2 results when the company reports on Thursday, April 4th. Its fieldwork throughout the past couple of months indicates the company is tracking ahead of its forecast on new unit openings. In addition, Craig-Hallum notes that the company continues to build a pipeline of future locations that provides visibility on FY25 unit growth.