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Life360 (NASDAQ:LIF) Receives New Coverage from Analysts at Canaccord Genuity Group

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Analysts at Canaccord Genuity Group began coverage on shares of Life360 (NASDAQ:LIF - Get Free Report) in a research note 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 target indicates a potential upside of 28.16% from the stock's previous close.

A number of other brokerages have also issued reports on LIF. Loop Capital upgraded Life360 to a "strong-buy" rating and set a $36.00 target price on the stock in a research report on Monday. JMP Securities assumed coverage on shares of Life360 in a report on Thursday. They set an "outperform" rating and a $38.00 price objective on the stock. UBS Group raised shares of Life360 to a "hold" rating and set a $32.00 target price for the company in a research note on Monday. Evercore ISI raised shares of 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 began coverage on Life360 in a research note on Monday. They set a "buy" rating and a $40.00 price objective for the company. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Life360 presently has a consensus rating of "Buy" and an average target price of $37.17.

Read Our Latest Research Report on LIF

Life360 Price Performance

NASDAQ LIF traded up $0.71 during mid-day trading on Monday, reaching $31.21. 310,498 shares of the stock were exchanged, compared to its average volume of 385,268. Life360 has a 1 year low of $26.00 and a 1 year 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.

Further Reading

Analyst Recommendations for Life360 (NASDAQ:LIF)

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