Jefferies Reaffirms Their Hold Rating on Kratos Defense (KTOS)

In a report issued on January 18, Sheila Kahyaoglu from Jefferies maintained a Hold rating on Kratos Defense (KTOSResearch Report), with a price target of $19.00. The company’s shares closed last Thursday at $17.47, close to its 52-week low of $16.55.

According to, Kahyaoglu is a 4-star analyst with an average return of 7.5% and a 61.4% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Aerojet Rocketdyne Holdings, L3Harris Technologies, and Raytheon Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kratos Defense with a $24.80 average price target, representing a 46.4% upside. In a report issued on January 12, Goldman Sachs also downgraded the stock to Hold with a $21.00 price target.

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The company has a one-year high of $34.11 and a one-year low of $16.55. Currently, Kratos Defense has an average volume of 879.5K.

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Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment includes microwave electronic products, satellite communications, modular systems, and rocket support operating. The Unmanned Systems segment consists of unmanned aerial system and unmanned ground & seaborne system businesses. The company was founded on December 19, 1994 and is headquartered in San Diego, CA.

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