JP Morgan Maintains Neutral on Kyndryl Hldgs, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Kyndryl Hldgs (NYSE:KD) and raises the price target from $18 to $20.
August 22, 2023 | 11:10 am
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JP Morgan maintains a Neutral rating on Kyndryl Hldgs and raises the price target from $18 to $20. This could potentially attract investors, leading to a short-term increase in the stock price.
The raised price target by JP Morgan indicates a positive outlook for Kyndryl Hldgs. This could potentially attract investors, leading to a short-term increase in the stock price. However, the Neutral rating suggests that the stock is fairly valued at the moment, which might limit the upside potential.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100