
Kratos (KTOS) Jumps to New High on Higher Growth Outlook, Whopping Price Targets

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Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS) reached a new all-time high of $66.13, closing up 8.12% at $63.88, driven by an optimistic growth outlook for 2025 and increased price targets from investment firms. The company raised its revenue forecast to $1.29-$1.31 billion, benefiting from U.S. defense programs. Raymond James set a new price target of $80, while Royal Bank of Canada increased theirs to $65. Despite a 63% drop in net income, total revenues rose 17% to $351.5 million year-on-year. Investors are also encouraged to explore AI stocks for potentially higher returns.

