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Why Kratos Defense Stock Popped Again Today

TheMotleyFool

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Why Kratos Defense Stock Popped Again Today: https://g.foolcdn.com/editorial/images/850417/quadcopter-drone-patrolling-a-border-wall.jpg

Kratos Defense Security (NASDAQ: KTOS) stock got a huge lift yesterday after President Trump called for a huge expansion of the U.S. defense budget to $1.5 trillion. Shares of Kratos surged again Friday after two separate analysts raised their price targets on the military drones stock.

As of 12:10 p.m. ET, Kratos stock is up 8.6%.

Image source: Getty Images.

Source Fool.com

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