JPMorgan Downgrades KinderCare Learning Companies to Underweight

KinderCare Learning Companies (NYSE:KLC) received a downgrade from JPMorgan Chase & Co. to an 'underweight' rating, according to a research note issued on Friday by MarketBeat.

This is not the first time the company has faced downgrades; other firms have also weighed in with their opinions. BMO Capital Markets raised its target price on KinderCare Learning Companies from $4.00 to $6.00 and gave the company an 'outperform' rating in a report on Monday, May 18th.

However, despite these ratings, analysts still predict that KinderCare Learning Companies will post 0.2 EPS for the current fiscal year.