Canaccord analyst Maria Ripps raised the firm’s price target on Life360 (LIF) to $90 from $86 and keeps a Buy rating on the shares. The firm said they reported strong Q2 results, with both revenue and profitability coming in ahead of expectations. The company delivered record Q2 Paying Circle net adds, which coupled with improved conversion and the continued scaling of multi-tier pricing plans contributed to another quarter of accelerating core subscription revenue growth.
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