Canaccord Genuity Group Begins Coverage on Life360 (NASDAQ:LIF)

Analysts at Canaccord Genuity Group started coverage on shares of Life360 (NASDAQ:LIFGet Free Report) in a report issued on Monday, FinViz reports. The brokerage set a “buy” rating and a $40.00 price target on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 29.07% from the company’s previous close.

LIF has been the topic of several other research reports. Loop Capital upgraded Life360 to a “strong-buy” rating and set a $36.00 price target on the stock in a research note on Monday. UBS Group upgraded Life360 to a “hold” rating and set a $32.00 price target on the stock in a research note on Monday. JMP Securities assumed coverage on Life360 in a research note on Thursday. They issued an “outperform” rating and a $38.00 price target on the stock. Evercore ISI upgraded Life360 to a “strong-buy” rating and set a $37.00 price target on the stock in a research note on Monday. Finally, Canaccord Genuity Group started coverage on Life360 in a research note on Monday. They issued a “buy” rating and a $40.00 price target on the stock. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $37.17.

View Our Latest Report on LIF

Life360 Price Performance

NASDAQ:LIF traded up $0.49 during mid-day trading on Monday, hitting $30.99. 47,683 shares of the stock were exchanged, compared to its average volume of 358,988. Life360 has a fifty-two week low of $26.00 and a fifty-two week high of $31.92.

About Life360

(Get Free Report)

Life360 Inc is a family connection and safety company. Its business category includes mobile app and Tile tracking devices with a range of services, including location sharing, safe driver reports and crash detection with emergency dispatch. Life360 Inc is based in SAN FRANCISCO.

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