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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KD: