Kura Sushi USA (NASDAQ:KRUS – Free Report) had its target price lowered by Piper Sandler from $89.00 to $63.00 in a report published on Thursday morning, Benzinga reports. The brokerage currently has a neutral rating on the stock.
Other equities analysts have also recently issued reports about the company. Roth Mkm reissued a buy rating and set a $70.00 price target (down from $90.00) on shares of Kura Sushi USA in a report on Wednesday, July 10th. Lake Street Capital reduced their price objective on Kura Sushi USA from $72.00 to $64.00 and set a hold rating for the company in a research note on Wednesday, July 10th. Benchmark restated a buy rating and issued a $90.00 price objective on shares of Kura Sushi USA in a research note on Wednesday, July 10th. Citigroup reduced their price objective on Kura Sushi USA from $79.00 to $68.00 and set a neutral rating for the company in a research note on Wednesday, July 10th. Finally, Craig Hallum reduced their price objective on Kura Sushi USA from $120.00 to $85.00 and set a buy rating for the company in a research note on Wednesday, July 10th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus target price of $71.43.
View Our Latest Stock Report on Kura Sushi USA
Kura Sushi USA Price Performance
Institutional Investors Weigh In On Kura Sushi USA
Institutional investors have recently bought and sold shares of the business. Comerica Bank increased its stake in Kura Sushi USA by 58.6% in the 1st quarter. Comerica Bank now owns 268 shares of the company’s stock worth $31,000 after buying an additional 99 shares in the last quarter. Quest Partners LLC purchased a new stake in Kura Sushi USA in the 4th quarter worth $36,000. Headlands Technologies LLC purchased a new position in shares of Kura Sushi USA during the first quarter valued at about $46,000. Tower Research Capital LLC TRC grew its position in shares of Kura Sushi USA by 237.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,060 shares of the company’s stock valued at $81,000 after purchasing an additional 746 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Kura Sushi USA during the fourth quarter valued at about $113,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.
Kura Sushi USA Company Profile
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