0028 GMT - Life360's bull at Jefferies reckons that the tracking-app developer's advertising revenue outlook will more than double with the acquisition of Nativo. Analyst Wei Sim tells clients that the revenue boost will be offset by lower gross-profit margins, but nonetheless says the acquisition has accelerated Life360's advertising ambitions. Keeping a buy recommendation on the stock, Sim adds that sales momentum from Life360's new pet tracker product looks strong and that promotional hardware prices should drive higher-tier subscriptions. Jefferies raises its target price by 6.0% to A$53.00. Shares are down 9.4% at A$41.50. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 11, 2025 19:28 ET (00:28 GMT)
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