Why Investors Should Approach Kratos Defense & Security Stock with Caution
Wednesday, 10 April 2024, 15:04
A Wall Street Analyst's Caution on Kratos Defense & Security Solutions
One analyst is tempering her expectations for the company heading into earnings season.
Don't expect fireworks
Kratos manufactures drones and defense electronics products, including 'loyal wingman' products envisioned for future battles.
- Investors are intrigued by Kratos' potential but may face slow Pentagon progress.
- Jefferies analyst Sheila Kahyaoglu anticipates Kratos to maintain its 2024 guidance amid budget uncertainties.
Kratos stock may remain neutral despite its promising portfolio of defense innovations, urging a cautious investment approach.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.