KeyBanc Starts Kratos Defense & Security (KTOS) at Overweight

KeyBanc analyst Michael Leshock initiates coverage on Kratos Defense & Security (NASDAQ: KTOS) with a Overweight rating and a price target of $90.00.

The analyst comments "High-growth exposure (Golden Dome, hypersonics, CCA); proven rapid, low-cost development vs. legacy players; strong beneficiary of global defense modernization; multiple internally funded platforms create award optionality; valuation near high end but justified by structural shift to high-tech defense; $90 PT implies nearly 30% upside; PT based on ~8.5x blended 2026E/2027E P/S vs. 1–5x historical range."

For an analyst ratings summary and ratings history on Kratos Defense & Security click here. For more ratings news on Kratos Defense & Security click here.

Shares of Kratos Defense & Security closed at $69.77 yesterday.

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