Baird lowered the firm’s price target on KinderCare Learning (KLC) to $8 from $13 and keeps an Outperform rating on the shares. The firm updated its model following disappointing results with incremental subsidy headwinds.
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Read More on KLC:
- KinderCare downgraded to Equal Weight from Overweight at Morgan Stanley
- KinderCare Learning downgraded to Neutral from Buy at UBS
- KinderCare Learning Companies Inc.: Hold Rating Amid Declining Enrollment and Pricing Pressures
- KinderCare Learning Companies Inc. Faces Enrollment Challenges and Margin Compression, Leading to Hold Rating
- KinderCare Reports Revenue Growth Amid Economic Challenges