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.
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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
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