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Next Century Growth Investors boosts Kura Sushi stake, despite Q1 loss and lowered stock targets.
Next Century Growth Investors LLC bought 60,485 shares of Kura Sushi USA, increasing its ownership to 0.50% with a total value of about $5.48 million.
Kura Sushi USA reported a Q1 loss of $0.14 per share, missing expectations.
The company has a market cap of around $594.37 million.
Citigroup lowered its target price for Kura Sushi from $71.00 to $47.00, though analysts have a "Moderate Buy" rating with a target price of $77.20.
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Next Century Growth Inversionistas impulsan la participación de Kura Sushi, a pesar de la pérdida del Q1 y la reducción de objetivos bursátiles.