Life360 Bulls Cheered by Apple's Privacy Focus -- Market Talk

Dow Jones
Jun 17, 2025

0217 GMT - Apple's focus on privacy and the lack of any obvious push to expand its devices' location-tracking capabilities help keep UBS analysts bullish on Life360. They lower the discount they place on the tracking-app developer relative to its peers after seeing no evidence at Apple's Worldwide Developers Conference of an aggressive push into its devices' Find My service. Any move to expand or monetize location data could undermine the appeal of Life360's apps. The UBS analysts tell clients in a note that Life360's new advertising products should resonate with retailers and restaurants. They maintain a buy rating and lift their target price on Life360's U.S. stock by 25% to US$71.00. Shares closed at US$62.73. Life360's Australia-listed stock is up 0.85% at A$31.85. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

June 16, 2025 22:17 ET (02:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10