Guggenheim analyst initiates coverage on Kyndryl with a Buy rating and a price forecast of $30. Kyndryl has executed a ...
Last November, IBM (NYSE: IBM) completed its spin-off of Kyndryl (NYSE: KD), the managed infrastructure services segment of its Global Technology Services segment. Each IBM shareholder received one ...
From who will lead Kyndryl to what types of engagement the company will focus on to how the solution provider community will be impacted by its split from IBM, here are five things we know about the ...
Kyndryl (KD) was in focus on Wednesday as Guggenheim started coverage on the tech company with a Buy rating and $30 price ...
RESEARCH TRIANGLE PARK – Kyndryl, the IBM spinoff focusing on consulting and other tech services, is cutting jobs. And some employees are comparing the layoffs to their days as part of Big Blue where ...
STOCKHOLM, Feb 17 (Reuters) - Kyndryl (KD.N), opens new tab, the former infrastructure services business of IBM (IBM.N), opens new tab, signed a deal with Nokia (NOKIA.HE), opens new tab to help ...
Distribution of Kyndryl shares to IBM stockholders will happen after the market closes Nov. 3. IBM said Tuesday its board of directors has approved the separation of the tech giant’s managed ...
Kyndryl is set to kick off trading Thursday, Nov. 4, on the New York Stock Exchange under the ticker symbol “KD” following the completion of the managed infrastructure services business’ separation ...
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Kyndryl (KD) Stock Trades Up, Here Is Why
What Happened? Shares of IT infrastructure services provider Kyndryl (NYSE:KD) jumped 1.7% in the afternoon session after ...
Use cases for agentic AI in legacy IT systems are expanding as companies turn to the technology to manage and modernize ...
Big Blue’s investors received one freshly minted Kyndryl share per IBM stub a few weeks ago. The new company is a low-growth operation with modest cash profits. It’s also radically undervalued right ...
IBM spun off Kyndryl last November. Big Blue’s investors were eager to dump the new spin-off. IBM might generate more stable growth without Kyndryl, but Kyndryl is also deeply undervalued as a ...
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