Kura Sushi price target lowered to $72 from $83 at Lake Street
Lake Street lowered the firm's price target on Kura Sushi to $72 from $83 and keeps a Buy rating on the shares. Kura Sushi reported mixed Q3 results, with weaker revenue and traffic offset by stronger margins and EBITDA from labor efficiencies, while full-year revenue guidance was lowered but margin expectations improved, the analyst tells investors in a research note.
Lake Street lowered the firm's price target on Kura Sushi to $72 from $83 and keeps a Buy rating on the shares.
Kura Sushi reported mixed Q3 results, with weaker revenue and traffic offset by stronger margins and EBITDA from labor efficiencies, while full-year revenue guidance was lowered but margin expectations improved, the analyst tells investors in a research note.