UBS Group has initiated coverage on Kratos Defense & Security Solutions (NASDAQ:KTOS) with a “neutral” rating and a $79.00 price target, suggesting a potential downside of over 25%. This follows other analysts who have issued ratings ranging from “neutral” to “market outperform,” with an average target price of $93.83. The article also notes recent insider selling and institutional investment activity in the aerospace company’s stock.
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Kratos Defense & Security Solutions (NASDAQ:KTOS) Coverage Initiated by Analysts at UBS Group
UBS Group has initiated coverage on Kratos Defense & Security Solutions (NASDAQ:KTOS) with a “neutral” rating and a $79.00 price target, suggesting a potential downside of over 25%. This follows other analysts who have issued ratings ranging from “neutral” to “market outperform,” with an average target price of $93.83. The article also notes recent insider selling and institutional investment activity in the aerospace company’s stock.