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Fly News Breaks for March 1, 2019
KTOS
Mar 1, 2019 | 08:32 EDT
Canaccord analyst Ken Herbert said the Q4 results from Kratos Defense were mixed due to timing, but the outlook remains positive. The analyst said the softness reflected delays from the government shutdown, some timing on the receipts of milestone payments, and program delays. Herbert maintained his Buy rating and $20 price target on Kratos Defense shares.
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