Kyndryl Holdings Incorporation (KD) has disclosed a new risk, in the Corporate Activity and Growth category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kyndryl Holdings Incorporation continues to navigate the complexities following its spin-off from IBM, with the relationship between the two hinging on a series of transaction agreements. Kyndryl depends on IBM to fulfill its contractual commitments, but disputes have led to arbitration proceedings that hold significant sway over Kyndryl’s future. An unfavorable resolution or IBM’s failure to meet its obligations could have detrimental impacts on Kyndryl’s operational and financial health.
The average KD stock price target is $30.00, implying 12.74% upside potential.
To learn more about Kyndryl Holdings Incorporation’s risk factors, click here.
