Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) is listed among the 11 Best Performing Defense Stocks to Buy Now, with shares up nearly 160% year-to-date as of August 28. Wall Street analysts have a Buy rating for KTOS, with an average price target of $70.47, indicating a 7% upside potential. BTIG upgraded KTOS to Buy with a $80 price target on August 14 due to its selection for the Marine Corps’ MUX TACAIR program. RBC Capital raised their price target from $50 to $65 after KTOS’s second-quarter earnings beat, maintaining an Outperform rating. Canaccord Genuity initiated coverage with a Buy rating and a $74 price target. KTOS develops affordable products for national security needs in various technological areas. While KTOS shows potential, some AI stocks may offer greater upside with less downside risk. Check out the best short-term AI stock for potential investment opportunities.
Read more at Yahoo Finance: Here Is What Analysts Are Saying About Kratos Defense & Security Solutions (KTOS)
