UBS lowered the firm’s price target on KinderCare Learning (KLC) to $11 from $20 and keeps a Buy rating on the shares. Weak enrollment trends cloud the firm’s growth conviction, the analyst tells investors in a research note.
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Read More on KLC:
- CoreWeave reports Q2 beat, Gildan to acquire Hanesbrands: Morning Buzz
- JPMorgan downgrades KinderCare to Neutral on enrollment challenges
- KinderCare Learning downgraded to Neutral from Overweight at JPMorgan
- KinderCare Learning price target lowered to $12 from $18 at BMO Capital
- KinderCare Learning price target lowered to $14 from $15 at Morgan Stanley