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Why Kratos Stock Bumped Higher Today

TheMotleyFool

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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

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