Stifel raised the firm’s price target on Life360 (LIF) to $92 from $87 and keeps a Buy rating on the shares after Q2 results came in ahead of expectations across all segments and the company raised its full-year guidance. The firm, which adjusted estimates after the report, tells investors that it is “pleased with continued outsized growth alongside scaling long-term opportunities.”
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Read More on LIF:
- Life360’s Strong Financial Performance and Growth Prospects Justify Buy Rating
- Life360 price target raised to $95 from $62 at Citizens JMP
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- Closing Bell Movers: Green Dot up 20% after Q2 beat and raise
- Life360 appoints Lauren Antonoff as new CEO
