Liftoff Mobile (NASDAQ:LFTO – Get Free Report) was upgraded by analysts at Raymond James Financial to a “moderate buy” rating in a report issued on Monday,Zacks.com reports.
Several other brokerages also recently weighed in on LFTO. Royal Bank Of Canada assumed coverage on shares of Liftoff Mobile in a research report on Monday. They set an “outperform” rating and a $35.00 price objective for the company. Morgan Stanley started coverage on shares of Liftoff Mobile in a research report on Monday. They issued an “equal weight” rating and a $30.00 price target for the company. Wells Fargo & Company began coverage on shares of Liftoff Mobile in a research note on Monday. They issued an “overweight” rating and a $32.00 price objective for the company. Weiss Ratings started coverage on Liftoff Mobile in a report on Thursday, June 4th. They set a “sell (e)” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Liftoff Mobile in a research report on Monday. They set a “buy” rating and a $37.00 target price on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $35.17.
Read Our Latest Report on Liftoff Mobile
Liftoff Mobile Price Performance
Insider Transactions at Liftoff Mobile
In other Liftoff Mobile news, Director Atlantic Genpar L.P. General acquired 1,304,347 shares of the stock in a transaction on Friday, June 5th. The shares were bought at an average cost of $23.00 per share, with a total value of $29,999,981.00. Following the transaction, the director owned 25,315,646 shares of the company’s stock, valued at approximately $582,259,858. This trade represents a 5.43% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Recommended Stories
- Five stocks we like better than Liftoff Mobile
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
Receive News & Ratings for Liftoff Mobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liftoff Mobile and related companies with MarketBeat.com's FREE daily email newsletter.
