Kyndryl Holdings (KD) Extends Hertz Partnership While Navigating Deal Slippages
Kyndryl Kyndryl (US:KD) Yahoo Finance·2026-02-11 17:20

Group 1 - Kyndryl Holdings, Inc. (NYSE:KD) is considered one of the best affordable tech stocks to buy currently, with a Buy rating maintained by Guggenheim analyst Jonathan Lee, who lowered the price target to $28 from $30 due to concerns about potential deal slippages impacting revenue growth for FY2026 [1][2] - Kyndryl has extended its technology services agreement with The Hertz Corporation for an additional five years, continuing their partnership focused on technology transformation initiatives [3] - During the extension period, Kyndryl will utilize its Agentic AI Framework and Kyndryl Consult services to modernize Hertz's technology ecosystem, enhancing workflows through AI deployment [4] Group 2 - Kyndryl Holdings, Inc. provides IT infrastructure services, including cloud migration, network management, cybersecurity, and digital workplace solutions, and was spun off from IBM in 2021 [5]