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Stock impact report

Why Kratos Defense & Security Stock Is Flying Higher Today [Yahoo! Finance]

Kratos Defense & Security Solutions, Inc. (KTOS) 
Last kratos defense & security solutions, inc. earnings: 2/24 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: kratosdefense.com
Company Research Source: Yahoo! Finance
On Monday, the stock shot up as much as 5.8%, and was up 3% as of 11 a.m. ET after JMP Securities initiated coverage of Kratos with an outperform rating. The long-term plan is coming together For years, Kratos has been a rare high-risk/high-reward stock in the usually staid defense industry . The company is a defense electronics specialist with a growing portfolio of next-generation unmanned aerial vehicles (UAVs). Earlier this month, Kratos said it was making progress toward winning U.S. government orders for its Loyal Wingman UAVs capable of teaming with crewed aircraft to offer greater firepower in battle. JMP Securities analyst Trevor Walsh believes the future is bright for Kratos, and he is starting coverage on the company with an outperform rating and a $27 price target. That number suggests 22% upside from the current price. Walsh wrote that Kratos has opportunities for long-term capital appreciation, citing factors including a large total addressable market and stro Show less Read more
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