Kratos Defense & Security shares are trading higher after Wedbush initiated coverage on the stock with an Outperform rating and announced a $85 price target.

Kratos Defense & Security Solutions, Inc.

Kratos Defense & Security Solutions, Inc.

KTOS

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Kratos Defense & Security shares are trading higher after Wedbush initiated coverage on the stock with an Outperform rating and announced a $85 price target.