tiprankstipranks
Advertisement
Advertisement

Kyndryl reinstated with a Sector Perform at Scotiabank

Scotiabank analyst Kevin Krishnaratne reinstated coverage of Kyndryl (KD) with a Sector Perform rating and $16.50 price target Before placing its rating under review, Scotiabank had an Outperform rating on Kyndryl. The firm sees “weaker” organic revenue trends for the company amid softer growth at its consult unit and slower pace of network deployments related to AI uncertainty.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1