JP Morgan Upgrades Kyndryl Hldgs to Overweight, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang has upgraded Kyndryl Holdings (NYSE:KD) from Neutral to Overweight and increased the price target from $20 to $25.
December 18, 2023 | 4:09 pm
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Kyndryl Holdings was upgraded by JP Morgan from Neutral to Overweight with a raised price target from $20 to $25.
Upgrades by major analysts like JP Morgan can lead to increased investor confidence and potential stock price appreciation in the short term. The raised price target suggests a positive outlook on the company's future performance.
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IMPORTANCE 90
RELEVANCE 100