Kratos Defense & Security SolutionsKTOS
▲ PositiveCapitalrelevance
Wedbush initiated coverage with Outperform rating and $85 price target, directly driving the stock jump.

Shares of Kratos jumped 7.7% after Wedbush initiated coverage with an Outperform rating and an $85 price target, highlighting its role as a key supplier of engines and hypersonic vehicles to nearly every major U.S. defense contractor. The rally was also supported by positive sentiment in the broader defense sector after peer AeroVironment reported strong quarterly results. Kratos remains down 32.4% year-to-date, trading at $53.63 per share.
Kratos Defense & Security SolutionsWedbush initiated coverage with Outperform rating and $85 price target, directly driving the stock jump.
AeroVironment Inc