Baird lowered the firm’s price target on KinderCare Learning (KLC) to $13 from $20 and keeps an Outperform rating on the shares. The firm updated its model as it sees more enrollment softness which incrementally pressures their 2026-2027 estimates.
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Read More on KLC:
- KinderCare Learning price target lowered to $12 from $26 at Deutsche Bank
- KinderCare Learning Companies Inc: Buy Rating Affirmed Amid Growth Potential and Strategic Initiatives
- Buy Rating Maintained Despite Revenue Miss and Enrollment Challenges, with Optimism for Future Growth
- KinderCare Learning downgraded to Equal Weight from Overweight at Barclays
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