Life360 price target raised to $50 from $40 at Stifel

Stifel raised the firm’s price target on Life360 (LIF) to $50 from $40 and keeps a Buy rating on the shares. Data the firm tracks suggests Q3 e-commerce growth was in-line to marginally better than Q2 in aggregate, the analyst tells investors in a preview for the internet e-commerce and subscriptions group.