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Stock impact report

Why Kratos Defense Stock Popped Again 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
10 stocks we like better than Kratos Defense & Security Solutions › Kratos Defense & Security (NASDAQ: KTOS) stock got a huge lift yesterday after President Trump called for a huge expansion of the U.S. defense budget to $1.5 trillion. Shares of Kratos surged again Friday after two separate analysts raised their price targets on the military drones stock. As of 12:10 p.m. ET, Kratos stock is up 8.6%. In twin ratings hikes, first B. Riley raised its price target on Kratos to $128 per share, then Truist hiked its price target to $135. Both analysts call Kratos stock a "buy," with Truist citing "rising aircraft production and sustained aftermarket demand," as reasons to own the stock, according to notes on TheFly.com. The analyst added that "recapitalization, geopolitical tensions, and replenishment needs should sustain demand" for military hardware, benefiting the stock. And yet... at the same time as Truist was raising its price target on Kratos, the analyst injected a note Show less Read more
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