ASX shares of Life360 set for best year ever

Life360

30/12/2024 23:54

** ASX-listed shares of Life360  360.AX   LIF.O  currently
set to end the year close to 200% higher
    ** The dual-listed firm, which is a developer of family
social networking apps, is set for its strongest year ever
    ** The stock has rallied over the year, reflecting rising
demand for its offerings; Life 360 emerged as one of the most
downloaded platforms across the U.S.
    ** Life360 ended as the top gainer on the Australia's
benchmark index in August after upgrading its earnings estimates
    ** Morgan Stanley, in May, lifted its PT by 6% to A$17.50
    ** Another brokerage, Bell Potter, raised its PT to A$19
from A$17.75 in July
    ** Life360 is down 2.3% on Tuesday

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 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com))