Life360 (NASDAQ:LIF) Reaches New 12-Month High at $33.16

Life360, Inc. (NASDAQ:LIF)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $33.16 and last traded at $32.94, with a volume of 190967 shares changing hands. The stock had previously closed at $32.20.

Analysts Set New Price Targets

A number of research analysts recently weighed in on LIF shares. UBS Group upgraded shares of Life360 to a “hold” rating and set a $32.00 price objective for the company in a report on Monday, June 17th. Loop Capital upgraded Life360 to a “strong-buy” rating and set a $36.00 price objective on the stock in a research note on Monday, June 17th. Evercore ISI upgraded Life360 to a “strong-buy” rating and set a $37.00 target price for the company in a report on Monday, June 17th. Stifel Nicolaus started coverage on Life360 in a report on Tuesday, July 2nd. They set a “buy” rating and a $37.00 price target on the stock. Finally, Canaccord Genuity Group initiated coverage on Life360 in a research note on Monday, June 17th. They issued a “buy” rating and a $40.00 price objective for the company. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $37.14.

Life360 Price Performance

About Life360

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.