Oppenheimer raised the firm’s price target on Kyndryl Holdings (KD) to $43 from $37 and keeps an Outperform rating on the shares following quarterly results. The firm says that as management executes on Kyndryl’s transformation, Oppenheimer has greater confidence in $4-plus of FY28 EPS.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KD:
- Kyndryl Holdings sees Q4 revenue up 2% from $3.74B in Q3
- Kyndryl Holdings reports Q3 EPS 89c, consensus 41c
- Kyndryl Holdings sees FY25 Adjusted EBITDA margin of at least 16.7%
- Kyndryl Holdings options imply 9.6% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, February 03, 2025