Why Kratos Stock Crashed Last Week
By now you've heard the news -- and the news was not good: Shares of Kratos Defense & Security Solutions (NASDAQ: KTOS) stock crashed 10% after the company reported earnings on Friday, and they haven't managed to bounce back since.
Here's why.
Kratos' future lies in drone sales. Drone profits may need to wait. Image source: Getty Images.
Source: Fool.com
Kratos Defense & Security Solutions Stock
€49.01
8.910%
Currently there is a rather positive sentiment for Kratos Defense & Security Solutions with 5 Buy predictions and 0 Sell predictions.
With a target price of 59 € there is a positive potential of 20.38% for Kratos Defense & Security Solutions compared to the current price of 49.01 €.
