This Drone Stock Can Rise 26%, Says Jefferies. Missile Demand Holds the Key.

Jefferies analyst Sheila Kahyaoglu has upgraded Kratos Defense and Security Solutions (KTOS) to a Buy rating from Hold. The firm maintains a $85 price target for the stock, which represents a potential 26% increase from current levels.

• Jefferies analyst upgraded Kratos stock to Buy from Hold
• Price target of $85 represents a 26% potential rise