Kratos Defense & Security (KTOS) PT Raised to $75 at Noble Capital

Noble Capital analyst Joe Gomes raised the price target on Kratos Defense & Security (NASDAQ: KTOS) to $75.00 (from $60.00) while maintaining a Outperform rating.

The analyst comments "Raising PT to $75. We are maintaining our Outperform rating and raising our price target on KTOS shares to $75 from a previous $60, as KTOS shares continue their strong performance this year. The recent capital raise provides additional optionality as the Company leans into the abundant growth opportunities present, in our opinion. We remain positive on the growth potential for Kratos, both on the defense and commercial sides."

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