Baird analyst Peter Arment raised the firm’s price target on Kratos Defense to $22 from $17 and keeps an Outperform rating on the shares. The firm said they delivered a modest beat, supported by continued strength within the Space portfolio that continues to grow through its proprietary OpenSpace platform.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on KTOS:
- Kratos Defense announces XQ-58A Valkyrie completes test flight
- Kratos Announces New Directors as Part of Ongoing Board Refresh and Augmentation Process, Thanks Retiring Directors for Their Service to the Company and its National Security Focused Mission
- Kratos XQ-58A Valkyrie Completes U.S Marine Corps PAACK-P Program Flight
- Kratos Defense sees FY23 revenue $1B – $1.02B, consensus $990M
- Kratos Reports Third Quarter 2023 Financial Results