Craig-Hallum says Kura Sushi a "must-own" stock
05/04/2022 20:15
** Craig-Hallum reiterates its "buy" rating on Kura Sushi
KRUS.O on expectations of strong Q2 results and full-year
forecast, as traffic trends improve
** Analyst Jeremy Hamblin views co as the "best positioned
in the restaurant sector" and as a "must-own" name
** Kura's diversified food basket should minimise impact
from food inflation on sales, says Craig-Hallum
** Brokerage also maintains its PT of $84
** All 5 brokerages covering the stock rate it "buy" or
higher; Median PT $84.50 - Refinitiv data
** Up to last close, stock had fallen 29% YTD
(Reporting by Raechel Thankam Job)
((RaechelThankam.Job@thomsonreuters.com;))