BMO Capital Maintains Market Perform Rating for Kura Sushi USA: Here's What You Need To Know

BMO Capital has decided to maintain its Market Perform rating of Kura Sushi USA (NASDAQ:KRUS) and lower its price target from $70.00 to $53.00.

Shares of Kura Sushi USA are trading down 17.03% over the last 24 hours, at $40.15 per share.

A move to $53.00 would account for a 32.0% increase from the current share price.

About Kura Sushi USA

Kura Sushi USA Inc is a Japanese restaurant company. It operates revolving sushi chain restaurants in the United States. It provides access to the revolving and express conveyor belts, on-demand ordering screen, plate slot, and the Bikkura-Pon rewards machine. The company offers several dishes, including Dashi Olive Salmon, Tomago, Sweet Shrimp, Tuna, Garlic Tuna Steak, Salmon, among others. Geographically, it derives revenue from the United States of America.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.