Defense Stocks Enter Bear Market, Hit Longest Losing Streak on Record
Defense stocks are on track for a seventh straight weekly loss, a first for XAR since 2011, as Iran peace talk and a stalled budget erase the 2026 gain.
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Cadre Hldgs (NYSE:CDRE) raises FY2026 sales outlook from $736.000 million-$758.000 million to $749.000 million-$769.000 million vs $737.276 million estimate.
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Defense stocks are on track for a seventh straight weekly loss, a first for XAR since 2011, as Iran peace talk and a stalled budget erase the 2026 gain.
Roth Capital analyst Matt Koranda reiterates Cadre Hldgs (NYSE:CDRE) with a Buy and raises the price target from $40 to $43.
Filed: 2026-08-07 AccNo: 0001104659-26-092721 Size: 5 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
JP Morgan analyst Tomohiko Sano maintains Cadre Hldgs (NYSE:CDRE) with a Overweight and raises the price target from $40 to $45.