BUZZ-Life360 falls after DA Davidson downgrades to 'neutral'
Life360, Inc. -0.74%
Life360, Inc. LIF | 48.27 | -0.74% |
Updates
** Shares of family-tracking app provider Life360 LIF.O fall 3.8% to $39.19
** D.A. Davidson downgrades stock rating to "neutral" from "buy" on elevated execution risk in 2026 and stalling international monthly active user growth
** "We think LIF may have to spend more time developing new features/marketing to attract broader swaths of intl users that will remain on the platform and convert to paid subs" - brokerage
** D.A. Davidson also cuts LIF PT to $40 from $70
** Five of eight brokerages rate the stock "buy" or higher, three "hold"; their median PT is $68.50 - LSEG-compiled data
** As of last close, stock down ~37% this year
