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Core Viewpoint - Kratos Defense and Security Solutions (NASDAQ: KTOS) has seen a significant rise in stock price, attributed to analysts' positive outlook and recent contract awards [1][3][4]. Analyst Price Target Increases - Citizens JMP analyst Trevor Walsh raised the price target for Kratos stock from $70 to $105, citing growth potential in unmanned systems, space, and satellites [3]. - Canaccord also increased its price target from $74 to $120, based on a $175 million contract awarded to upgrade U.S. Navy radar systems [4]. Stock Performance and Valuation - Kratos stock has risen over 17% since last Friday, reflecting strong market sentiment [1]. - The stock is currently trading at a high valuation of approximately 1,057 times trailing earnings, suggesting a potential overvaluation [6][8]. Investment Considerations - While analysts are optimistic about Kratos stock, it is advised that investors consider waiting for a price pullback before making purchases, as there are other options available in the drone and defense sectors [6][8].