Jefferies lowered the firm’s price target on Kratos Defense to $20 from $22 and keeps a Hold rating on the shares. In a Q1 preview for the Aerospace and Defense Electronics group, the firm says Kratos is likely to reaffirm 2024 guidance with budget commentary to come.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KTOS:
- Kratos Defense call buyer realizes 33% same-day gains
- Kratos Defense demonstrates fully virtualized SATCOM over LEO
- Kratos Defense Appoints New Director with Military Expertise
- Kratos Announces New Director as Part of Ongoing Board Refresh and Augmentation Process
- Cathie Wood’s ARK Investment bought 108K shares of Kratos Defense today
