Kyndryl Holdings, Inc. (KD)

Shares of IT infrastructure services provider Kyndryl (NYSE:KD) fell 4.3% in the morning session after Susquehanna downgraded the stock to Neutral from Positive and cut its price target to $13 from $16.

Shares of IT infrastructure services provider Kyndryl (NYSE: KD) fell 4.3% in the morning session after Susquehanna downgraded the stock to Neutral from Positive and cut its price target to $13 from $16.

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Kyndryl’s stock price has taken a beating over the past six months, shedding 56.9% of its value and falling to $11.08 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.

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