Morgan Stanley analyst Toni Kaplan lowered the firm’s price target on KinderCare Learning (KLC) to $19 from $21 and keeps an Overweight rating on the shares. A strong adjusted EBITDA and EPS beat was overshadowed by a revenue miss and weaker enrollment as delayed start dates are impacting KinderCare and the broader industry, the analyst tells investors in a post-earnings note.
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Read More on KLC:
- KinderCare Learning price target lowered to $20 from $25 at Baird
- KinderCare Learning Companies Inc: Strong Financial Performance and Strategic Outlook Support Buy Rating
- KinderCare Reports Strong Q1 2025 Results and Expansion
- KinderCare reports Q1 adjusted EPS 23c, consensus 17c
- KinderCare backs FY25 EPS view 75c-85c, consensus 79c