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

Canaccord Genuity Group began coverage on shares of Life360 (NASDAQ:LIF) in a report published on Monday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $40.00 price objective on the stock.

Other equities research analysts have also issued reports about the company. UBS Group upgraded Life360 to a hold rating and set a $32.00 price objective on the stock in a research report on Monday. Canaccord Genuity Group upgraded Life360 to a strong-buy rating in a research report on Monday. Evercore ISI upgraded Life360 to a strong-buy rating and set a $37.00 price objective on the stock in a research report on Monday. Loop Capital upgraded Life360 to a strong-buy rating and set a $36.00 price objective on the stock in a research report on Monday. Finally, JMP Securities assumed coverage on Life360 in a research report on Thursday. They set an outperform rating and a $38.00 price target on the stock. One analyst has rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of Buy and an average target price of $36.60.

Life360 Stock Down 2.4 %

Shares of Life360 stock opened at $30.50 on Monday. Life360 has a one year low of $26.00 and a one year high of $31.50.