This defense stock looks attractive after a sell-off, says JPMorgan

CNBC Top News ·

This defense stock looks attractive after a sell-off, says JPMorgan

Shares of Kratos Defense & Security Solutions may be down 55% from their January highs, but JPMorgan thinks the sell-off is over and it's time to buy. …

Shares of Kratos Defense & Security Solutions may be down 55% from their January highs, but JPMorgan thinks the sell-off is over and it's time to buy. The bank upgraded the stock to overweight from neutral, while lowering its price target to $82. That indicates an almost 40% gain from Thursday's close. …

Original source: CNBC Top News

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JPMorgan · Defense Department