Life360 (NASDAQ:LIF) Stock Price Down 4.8%

Shares of Life360, Inc. (NASDAQ:LIF) traded down 4.8% during mid-day trading on Thursday . The stock traded as low as $30.51 and last traded at $30.85. 40,971 shares changed hands during trading, a decline of 82% from the average session volume of 226,142 shares. The stock had previously closed at $32.41.

Analyst Upgrades and Downgrades

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

Life360 Price Performance

Life360 Company Profile

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.