Noble Capital raised the firm’s price target on Kratos Defense (KTOS) to $95 from $75 and keeps an Outperform rating on the shares after the company reported Q3 results, increased full year 2025 revenue guidance and announced an agreement to acquire Orbit Technologies Ltd for $356.3M. The “abundant opportunities” across the business present strong financial upside potential, while the Orbit acquisition should boost growth even higher, the analyst tells investors.
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