Reported 12 days ago
Goldman Sachs has downgraded KinderCare Learning (KLC) to Neutral with a price target of $6, citing concerns over declining occupancy rates and slowing revenue growth. On October 15, analyst George Tong noted that the stock's potential for upside is limited due to these factors, as the company's operational challenges stem from local market conditions. Previously, UBS had lowered its price target on KinderCare to $10, maintaining a Buy rating amid expectations of stable quarterly performance.
Source: YAHOO