Susquehanna raised the firm’s price target on Kyndryl Holdings (KD) to $40 from $33 and keeps a Positive rating on the shares. The firm attended its anlayst day and though the macro environment for IT Services still isn’t great, but the company is using what it has to both expand margins and begin to grow revenue.
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Read More on KD:
- Kyndryl Holdings initiated with a Buy at BofA
- Kyndryl Holdings reaffirms FY25 guidance at 2024 Investor Day
- Kyndryl Holdings provides financial objectives for FY28
- Kyndryl Holdings initiates $300M share repurchase program
- Kyndryl Holdings Announces $300 Million Share Buyback
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
