Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi Market Matters Can I have your view on Life360. Currently around $25 -has been as high as $27. What price target do you have on it? At what price would you lighten and take some profit? or would you continue to hold? regards Debbie
Hi Debbie,
Life360 has enjoyed a very strong end of January aided by an upgrade by UBS from neutral to Buy with a price target of $55, up from $52, citing confidence in the company’s advertising revenue opportunities. The company has grown significantly in the last few years, as of 30 September 2024, it had 76.9 million monthly active users (MAU) across more than 170 countries – including several of the MM team!
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