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Life360 Reached 'The Fast Lane' On Heels Of IPO, Says Bullish Analyst

Shares of Life360 (NASDAQ:LIF) have gained around 18% since the company’s initial public offering (IPO) in June. The company is in the "fast lane," with competitively priced products that are device and operating system agnostic, according to Stifel. The Life360 Analyst: Mark Kelley initiated coverage of Life360 with a Buy rating and price target of $37. The Life360 Thesis: Given its specialized solutions that are OS-agnostic, the company can continue driving user penetration and "access a much larger user base and additional use cases that smartphone native solutions ...