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Barchart
Barchart
Ian Cooper

Jefferies Analysts Think Kratos Defense Stock Can Gain 26%. Why?

Kratos Jefferies KTOS Drone United States Kratos Defense Security Solutions Pentagon

Analysts at Jefferies are bullish on Kratos Defense & Security Solutions (KTOS), noting that the stock could climb as much as 26% from current levels. All thanks to a key catalyst – the anticipated production ramp-up of the Valkyrie drone program. In fact, analyst Sheila Kahyaoglu upgraded the stock to a “Buy” rating due to strong growth across key segments, which includes the ramp in production.

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