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KinderCare Learning price target lowered to $20 from $21 at UBS

UBS lowered the firm’s price target on KinderCare Learning (KLC) to $20 from $21 and keeps a Buy rating on the shares. KinderCare reported a Q1 EBITDA beat, but the softer revenue trajectory could weigh on shares, the analyst tells investors in a research note.

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