Noble Financial Believes Kratos Defense (KTOS) Still Has Room to Grow


In a report issued on February 15, Joe Gomes from Noble Financial maintained a Buy rating on Kratos Defense (KTOS), with a price target of $20. The company’s shares closed on Friday at $16.95, close to its 52-week high of $17.63.

According to TipRanks.com, Gomes is a 2-star analyst with an average return of 2.5% and a 66.7% success rate. Gomes covers the Services sector, focusing on stocks such as Information Services Group, DLH Holdings, and Vectrus.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kratos Defense with a $17.17 average price target.

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The company has a one-year high of $17.63 and a one-year low of $8.90. Currently, Kratos Defense has an average volume of 1.11M.

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Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions, Unmanned Systems, and Public Safety & Security.

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