KeyBanc raised the firm’s price target on Kratos Defense (KTOS) to $130 from $90 and keeps an Overweight rating on the shares. Post the swath of recent events and headlines directly impacting the space and defense technology industries, the firm is updating view on the sector. KeyBanc sees an ideal macro environment persisting through 2026, driving significant growth opportunities and potential re-ratings of space and defense tech equities.
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