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Kratos Defense & Security Solutions (NASDAQ:KTOS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Thursday, AnalystRatings.Net reports. The firm currently has a $8.70 price objective on the stock. Zacks‘ price target suggests a potential upside of 5.84% from the company’s current price.

Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) traded up 0.36% on Thursday, hitting $8.25. The stock had a trading volume of 283,764 shares. Kratos Defense & Security Solutions has a 52-week low of $4.08 and a 52-week high of $9.16. The stock has a 50-day moving average of $7.00 and a 200-day moving average of $7.5. The company’s market cap is $470.7 million.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last announced its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The company had revenue of $226.40 million for the quarter, compared to the consensus estimate of $233.70 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was down 18.1% on a year-over-year basis. Analysts expect that Kratos Defense & Security Solutions will post $0.15 EPS for the current fiscal year.

Kratos Defense & Security Solutions, Inc is a United States-based company, which provides war fighter solutions and security related services.

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