JPMorgan raised the firm’s price target on Kratos Defense to $18 from $15 and keeps a Neutral rating on the shares. The company reported a strong quarter, which sets it up well to achieve its financial objectives for the year, the analyst tells investors in a research note.
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Read More on KTOS:
- Kratos’ Family of High-Speed Tactical and Target Unmanned Systems will be on Display at MCAS Miramar Air Show
- Kratos Defense sees FY23 revenue $980M – $1B consensus $1.09B
- Kratos Defense sees Q3 revenue $240M – $260M, consensus $253.03M
- Kratos Defense reports Q2 EPS 9c, consensus 6c
- Kratos Reports Second Quarter 2023 Financial Results