DA Davidson Reiterates Neutral Rating on Life360 (LIF)
Get Alerts LIF Hot Sheet
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 20 | New: 12
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DA Davidson analyst Wyatt Swanson reiterated a Neutral rating and $40.00 price target on Life360 (NASDAQ: LIF).
The analyst commented: "We update our MAU analysis, which tracks multiple Google trend search terms as a proxy for MAU growth. Consolidated 3Q MAU trends have modestly improved since our prior update that suggested +15.5% Y/Y growth in our base case, though we are still seeing pressure vs. consensus. Reiterate $40 price target (impl 25.0x/18.7x our '26/'27 EBITDA) and NEUTRAL rating."
For an analyst ratings summary and ratings history on Life360 click here. For more ratings news on Life360 click here.
Shares of Life360 closed at $39.98 yesterday.
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