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Fly News Breaks for July 6, 2017
KTOS
Jul 6, 2017 | 09:11 EDT
After Kratos Defense & Security announced two U.S. defense contracts, Canaccord analyst Ken Herbert calls the deals "significant" and says that they should provide a positive catalyst for the stock. However, he adds that the deals are probably largely factored into the company's fiscal 2017 guidance. Herbert keeps a $14 price target and a Buy rating on the shares.
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