Core Insights - Kratos Defense & Security Solutions, Inc. has been upgraded to "Outperform" by Noble Capital Markets, with a new price target set at $95, up from $75 [1][3] - Institutional investors are increasing their stakes in Kratos, indicating growing confidence in the company's future performance [4][5] Institutional Investments - The Teacher Retirement System of Texas raised its investment in Kratos by 17.6%, now holding shares valued at approximately $1.2 million [2][4] - Vanguard Group Inc. increased its stake in Kratos by 11.7%, owning 16.4 million shares valued at $488 million after acquiring an additional 1.7 million shares [2][5] Market Performance - Despite the positive sentiment, KTOS stock is currently trading at $74.51, down approximately 3.75% for the day, with a trading range between $74.17 and $79.47 [6] - Over the past year, KTOS has shown significant volatility, with a peak price of $112.57 and a low of $23.81 [6] - Kratos has a market capitalization of around $12.58 billion, reflecting its substantial presence in the aerospace and defense industry [7]
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) Sees Positive Institutional Investment and Analyst Upgrade