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Fly News Breaks for February 13, 2020
KRUS
Feb 13, 2020 | 06:25 EDT
Stephens analyst James Rutherford resumed coverage of Kura Sushi with an Overweight rating and $30 price target. Kura is a "unique growth story" in the casual dining space, Rutherford tells investors in a research note. He believes the company's model has a number of advantages, including the broad appeal of common sushi dishes across the country and its "highly profitable" units. He's confident that Kura can expand from its ~25 stores today into the national opportunity.
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