Northcoast Research assumed coverage on shares of Kura Sushi USA (NASDAQ:KRUS – Free Report) in a research report report published on Tuesday morning, Marketbeat.com reports. The firm issued a buy rating and a $79.00 target price on the stock.
A number of other analysts also recently weighed in on the company. Lake Street Capital cut their target price on Kura Sushi USA from $72.00 to $64.00 and set a hold rating for the company in a research report on Wednesday, July 10th. Barclays dropped their price objective on Kura Sushi USA from $65.00 to $60.00 and set an equal weight rating for the company in a research report on Wednesday, July 10th. Piper Sandler dropped their price objective on Kura Sushi USA from $89.00 to $63.00 and set a neutral rating for the company in a research report on Thursday, July 11th. Citigroup dropped their price objective on Kura Sushi USA from $79.00 to $68.00 and set a neutral rating for the company in a research report on Wednesday, July 10th. Finally, Craig Hallum dropped their price objective on Kura Sushi USA from $120.00 to $85.00 and set a buy rating for the company in a research report on Wednesday, July 10th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $72.38.
Check Out Our Latest Report on Kura Sushi USA
Kura Sushi USA Stock Performance
Hedge Funds Weigh In On Kura Sushi USA
Institutional investors and hedge funds have recently bought and sold shares of the company. Comerica Bank increased its holdings 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 purchasing an additional 99 shares in the last quarter. Quest Partners LLC acquired a new stake in shares of Kura Sushi USA in the fourth quarter valued at about $36,000. Headlands Technologies LLC acquired a new stake in shares of Kura Sushi USA in the first quarter valued at about $46,000. RiverPark Advisors LLC increased its stake in shares of Kura Sushi USA by 293.5% in the first quarter. RiverPark Advisors LLC now owns 1,452 shares of the company’s stock valued at $167,000 after buying an additional 1,083 shares during the period. Finally, Versor Investments LP acquired a new stake in shares of Kura Sushi USA in the second quarter valued at about $233,000. Institutional investors and hedge funds own 65.49% of the company’s stock.
About Kura Sushi USA
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