0218 GMT - Life360's bull at Citi is intrigued by management's comment that the tracking-app developer has a history of over delivering. Analyst Siraj Ahmed mulls the implications of the comment after the company issued annual subscription revenue guidance that he sees as conservative. He tells clients in a note that markets are likely waiting on 1Q or 2Q updates for valuation signals. Ahmed observes that growth remains steady in Life360's key revenue-generating regions, including the U.S. market. Citi has a last-published buy rating and a $68.75 target price on Life360's U.S.-listed stock, which closed down 18% at $43.97. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 03, 2026 21:18 ET (02:18 GMT)
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