Why Kratos Stock Bumped Higher Today
Kratos Defense Security Solutions (NASDAQ: KTOS) investors might be tempted to celebrate the coming weekend early, following an analyst's recommendation upgrade for their stock. That sentiment-boosting event occurred Thursday before market open, and helped the company's shares trade in positive territory.
They closed that session 0.5% higher, slightly exceeding the rise of the S 500 index.
The person upping his recommendation on Kratos was BTIG's Andre Madrid, who has set a price target of $80 per share for the defense stock.
Source Fool.com
