2024-04-20 01:05:43 ET
Summary
- Kyndryl is the largest IT infrastructure service provider in the world, with 80,000 employees and over 4,000 customers.
- Ongoing focus on higher-margin business and partnerships with hyperscalers may drive future growth and margin expansion.
- My price target implies minimal upside, but long-term potential seems attractive. Interested investors may want to wait until Kyndryl is closer to a turning point.
Kyndryl ( KD ) is a US-based IT infrastructure service provider founded in 2021 as a spin-off of IBM. It is currently the largest IT infrastructure service provider in the world, with 80,000 employees and over 4,000 customers....
Read the full article on Seeking Alpha
For further details see:
Kyndryl: Wait For The Turning Point