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Fly News Breaks for June 6, 2019
KTOS
Jun 6, 2019 | 05:36 EDT
Goldman Sachs analyst Noah Poponak downgraded Kratos Defense & Security Solutions to Neutral from Buy while raising his price target for the shares to $24 from $22. The analyst says that while the company continues to have "big growth potential," a lot has been priced into the shares following the recent rally. As such, he cites valuation for his downgrade of Kratos to Neutral.
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