Kratos Defense stock jumps 10.9% after price target raised, positive.

From Yahoo Finance: 2025-06-28 10:24:00

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is one of the 10 Stocks Leave Wall Street Stunned, with shares jumping 10.91% to close at $45.84 after an investment firm raised its price target to $52 from $38.

The upgrade came after Kratos Defense announced plans to raise $500 million through the issuance of 15 million additional shares for new projects totaling $200 million, potentially increasing revenues by $150 million in the future.

Truist Securities is bullish on KTOS for this year and the next, expecting higher growth from new contracts. While KTOS shows promise, some AI stocks may offer greater returns with limited downside risk. Check out the best short-term AI stock for potential investment opportunities.



Read more at Yahoo Finance: Kratos Defense (KTOS) Jumps 10.9% as Analyst Hikes Price Target