Kratos Receives $5.49 Million Contract Award by U.S. Naval Surface Warfare Center

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Kratos Defense & Security (KTOS): Waiting For The Inflection

March 11, 2016 10:36 AM EST

Jefferies analyst, Sheila Kahyaoglu, cut her PT on Kratos Defense & Security (NASDAQ: KTOS) to $4.15 from $6 after reporting a worse loss than expected. The analyst stays on the sidelines with a Hold rating until a positive inflection is more visible.

Kratos reported Q4:15 Adjusted EPS from continuing ops was a loss of ($0.12), which compares to our... More