Kura Sushi price target raised to $78 from $64 at Lake Street

Lake Street analyst Mark Smith raised the firm’s price target on Kura Sushi (KRUS) to $78 from $64 and keeps a Hold rating on the shares after the company reported Q4 results that were generally better than the firm’s expectations. Heading into FY25, the firm thinks the company is in a competitive position as top line continues to grow double digits and thinks management’s guidance will “likely be proven conservative,” the analyst added.