Reported 2 days ago
Kratos Defense & Security Solutions (NASDAQ:KTOS) reached a new all-time high of $66.13 amid positive investor sentiment driven by an enhanced growth outlook for 2025 and optimistic price targets from analysts. The company raised its revenue forecast to between $1.29 billion and $1.31 billion as it looks to capitalize on U.S. government defense initiatives. Analysts, like Raymond James, have significantly increased their price targets, anticipating more than 20% annual growth over the next five years.
Source: YAHOO