KinderCare Learning initiated with an Equal Weight at Morgan Stanley
The Fly

KinderCare Learning initiated with an Equal Weight at Morgan Stanley

Morgan Stanley analyst Toni Kaplan initiated coverage of KinderCare Learning (KLC) with an Equal Weight rating and $31 price target The firm likes the company’s position as the largest day-care center provider in the U.S. with mid-single-digit revenue growth. However, the stock’s valuation “seems fair,” the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App