Kura Sushi USA, Inc. (NASDAQ:KRUS – Get Free Report)’s stock price rose 4.4% during trading on Tuesday . The company traded as high as $103.42 and last traded at $102.92. Approximately 53,137 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 157,363 shares. The stock had previously closed at $98.56.
Analyst Upgrades and Downgrades
KRUS has been the subject of a number of research reports. Barclays raised their price target on shares of Kura Sushi USA from $60.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 22nd. Citigroup dropped their price objective on shares of Kura Sushi USA from $79.00 to $68.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 10th. Benchmark reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Kura Sushi USA in a research note on Wednesday, July 10th. Craig Hallum dropped their price objective on shares of Kura Sushi USA from $120.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Finally, Northcoast Research initiated coverage on shares of Kura Sushi USA in a research note on Tuesday, September 10th. They issued a “buy” rating and a $79.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $73.63.
Get Our Latest Analysis on KRUS
Kura Sushi USA Stock Up 1.2 %
Institutional Trading of Kura Sushi USA
A number of large investors have recently added to or reduced their stakes in KRUS. Comerica Bank increased its holdings in Kura Sushi USA by 58.6% during the first quarter. Comerica Bank now owns 268 shares of the company’s stock worth $31,000 after buying an additional 99 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Kura Sushi USA during the first quarter worth about $46,000. RiverPark Advisors LLC increased its holdings in Kura Sushi USA by 293.5% during the first quarter. RiverPark Advisors LLC now owns 1,452 shares of the company’s stock worth $167,000 after buying an additional 1,083 shares during the last quarter. Versor Investments LP purchased a new stake in Kura Sushi USA during the second quarter worth about $233,000. Finally, Moody National Bank Trust Division purchased a new stake in Kura Sushi USA during the second quarter worth about $365,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.
Kura Sushi USA Company Profile
Read More
- Five stocks we like better than Kura Sushi USA
- Profitably Trade Stocks at 52-Week Highs
- Microsoft Can Hit New All-Time Highs This Year – Here’s Why
- Airline Stocks – Top Airline Stocks to Buy Now
- Zillow Stock’s Bull Case: Why This Recent Sell-Off Could Be a Buy
- What is the Dogs of the Dow Strategy? Overview and Examples
- IonQ’s Quantum Surge: Ride the Wave or Cash Out?
Receive News & Ratings for Kura Sushi USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kura Sushi USA and related companies with MarketBeat.com's FREE daily email newsletter.