Kratos upgraded at Truist in strong defense demand environment

Kratos headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

Kratos Defense & Security (NASDAQ:KTOS) +7.2% in Thursday's trading after Truist Securities upgraded shares to Buy from Hold with a $20 price target, up from $15, citing a more favorable view of the outlook

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Kratos Defense & Security Solutions, Inc.