JP Morgan Raises Rating on Kratos Defense & Security Solutions, Inc. $KTOS
Key Points
- JP Morgan now rates Kratos Defense & Security Solutions, Inc. ($KTOS) "buy" with a $82 target.
- JP Morgan's $82 price target implies 43.19% upside from Kratos Defense & Security Solutions, Inc.'s ($KTOS) current $57.27 share price.
- The Street's average $KTOS price target is $105.62 (Strong Buy).
- $KTOS last traded around $57.27.
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JP Morgan raised its rating on Kratos Defense & Security Solutions, Inc. ($KTOS) to a "buy" rating in a recent research note and set a price target of $82, a 43.19% upside from the current price.
Kratos Defense & Security Solutions, Inc. Stock Up 10.1%
Shares of Kratos Defense & Security Solutions, Inc. ($KTOS) traded around $57.27 on Saturday, up 10.1% for the day.
Kratos Defense & Security Solutions, Inc. Earnings
Analysts Set New Price Targets
About Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions, Inc., a technology company, provides technology, hardware, products, system, and software for the defense, national security, and commercial markets in the United States, other North America, the Asia Pacific, the Middle East, Europe, and Internationally. The company operates through Kratos Government Solutions and Unmanned Systems segments. It offers virtualized ground systems for satellites and space vehicles, including software for command and control, telemetry, and tracking and control; jet powered unmanned aerial drone systems and hypersonic vehicles and rocket systems; propulsion systems for drones, missiles, loitering munitions, supersonic systems, spacecraft and launch systems, command, control, communication, computing, combat, and intelligence surveillance and reconnaissance; and microwave electronic products for missile, radar, missile defense, space, and satellite; and counter unmanned aircraft systems, directed energy, communication and other systems, and virtual and augmented reality training systems for the warfighter. The company primarily serves national security-related agencies, the U.S. Department of Defense, intelligence and classified agencies, international government agencies, and domestic and international commercial customers. Kratos Defense & Security Solutions, Inc. was formerly known as Wireless Facilities, Inc. and changed its name to Kratos Defense & Security Solutions, Inc. in August 1999. Kratos Defense & Security Solutions, Inc. was incorporated in 1994 and is headquartered in San Diego, California.
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