Four Fresh Analyst Calls: Kyndryl Gets a Buy Rating, Saia Rated Neutral

MarketDash Editorial Team
12 days ago
Wall Street analysts rolled out fresh coverage on Wednesday, initiating ratings on Kyndryl Holdings with a Buy recommendation, along with new calls on Saia, Astronics Corporation, and reAlpha Tech Corp. Here's what the analyst community is saying about these stocks.

Wednesday brought a fresh batch of analyst initiations across Wall Street, with firms rolling out new coverage on companies ranging from IT infrastructure to logistics and aerospace.

Leading the bullish calls, Guggenheim analyst Jonathan Lee initiated coverage on Kyndryl Holdings, Inc. (KD) with a Buy rating and set a price target of $30. That represents notable upside from where Kyndryl closed Tuesday at $25.11. The company, which spun out of IBM's infrastructure services business, appears to have caught Guggenheim's attention as it builds its independent identity in the managed IT services space.

Not every initiation was quite so enthusiastic. Rothschild & Co analyst Oliver Holmes took a more measured approach with Saia, Inc. (SAIA), starting coverage with a Neutral rating and announcing a price target of $262. That's below where the less-than-truckload carrier closed on Tuesday at $279.79, suggesting Holmes sees limited upside from current levels despite the company's position in the freight transportation sector.

TD Cowen analyst Gautam Khanna showed confidence in the aerospace sector, initiating coverage on Astronics Corporation (ATRO) with a Buy rating and a $65 price target. Astronics shares closed at $51.07 on Tuesday, meaning Khanna sees roughly 27% upside potential for the aerospace and defense electronics manufacturer.

Rounding out Wednesday's initiations, HC Wainwright & Co. analyst Scott Buck started coverage on reAlpha Tech Corp. (AIRE) with a Buy rating and announced a price target of $2. ReAlpha Tech shares closed at $0.5287 on Tuesday, putting Buck's target nearly four times above the current price. The proptech company focuses on AI-driven real estate solutions, a sector that's been attracting increasing attention from analysts.

These fresh analyst perspectives give investors new data points to consider as they evaluate opportunities across different sectors. Whether you're tracking enterprise IT services, freight logistics, aerospace components, or real estate technology, Wednesday's coverage initiations offer insight into how Wall Street is sizing up these companies as we head deeper into 2025.

Four Fresh Analyst Calls: Kyndryl Gets a Buy Rating, Saia Rated Neutral

MarketDash Editorial Team
12 days ago
Wall Street analysts rolled out fresh coverage on Wednesday, initiating ratings on Kyndryl Holdings with a Buy recommendation, along with new calls on Saia, Astronics Corporation, and reAlpha Tech Corp. Here's what the analyst community is saying about these stocks.

Wednesday brought a fresh batch of analyst initiations across Wall Street, with firms rolling out new coverage on companies ranging from IT infrastructure to logistics and aerospace.

Leading the bullish calls, Guggenheim analyst Jonathan Lee initiated coverage on Kyndryl Holdings, Inc. (KD) with a Buy rating and set a price target of $30. That represents notable upside from where Kyndryl closed Tuesday at $25.11. The company, which spun out of IBM's infrastructure services business, appears to have caught Guggenheim's attention as it builds its independent identity in the managed IT services space.

Not every initiation was quite so enthusiastic. Rothschild & Co analyst Oliver Holmes took a more measured approach with Saia, Inc. (SAIA), starting coverage with a Neutral rating and announcing a price target of $262. That's below where the less-than-truckload carrier closed on Tuesday at $279.79, suggesting Holmes sees limited upside from current levels despite the company's position in the freight transportation sector.

TD Cowen analyst Gautam Khanna showed confidence in the aerospace sector, initiating coverage on Astronics Corporation (ATRO) with a Buy rating and a $65 price target. Astronics shares closed at $51.07 on Tuesday, meaning Khanna sees roughly 27% upside potential for the aerospace and defense electronics manufacturer.

Rounding out Wednesday's initiations, HC Wainwright & Co. analyst Scott Buck started coverage on reAlpha Tech Corp. (AIRE) with a Buy rating and announced a price target of $2. ReAlpha Tech shares closed at $0.5287 on Tuesday, putting Buck's target nearly four times above the current price. The proptech company focuses on AI-driven real estate solutions, a sector that's been attracting increasing attention from analysts.

These fresh analyst perspectives give investors new data points to consider as they evaluate opportunities across different sectors. Whether you're tracking enterprise IT services, freight logistics, aerospace components, or real estate technology, Wednesday's coverage initiations offer insight into how Wall Street is sizing up these companies as we head deeper into 2025.