Life360 price target raised to $70 from $58 at Canaccord

Canaccord raised the firm’s price target on Life360 (LIF) to $70 from $58 and keeps a Buy rating on the shares. The firm reveiwed the Q1 earnings season for the internet sector and said they continue to favor high-quality names with diversified business models that are more insulated from tariffs and/or have multiple levers to mitigate any potential impact.