Liftoff Mobile (NASDAQ:LFTO – Get Free Report) was upgraded by equities researchers at Barclays to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.
A number of other research analysts have also weighed in on the company. Needham & Company LLC assumed coverage on Liftoff Mobile in a report on Monday. They issued a “buy” rating and a $42.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Liftoff Mobile in a research note on Monday. They issued a “buy” rating and a $37.00 price objective for the company. Morgan Stanley assumed coverage on shares of Liftoff Mobile in a report on Monday. They issued an “equal weight” rating and a $30.00 price target on the stock. Wolfe Research initiated coverage on Liftoff Mobile in a report on Monday. They set a “peer perform” rating for the company. Finally, William Blair assumed coverage on shares of Liftoff Mobile in a report on Monday. They set an “outperform” rating on the stock. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.17.
Get Our Latest Analysis on Liftoff Mobile
Liftoff Mobile Price Performance
Insider Buying and Selling at Liftoff Mobile
In other news, Director Atlantic Genpar L.P. General purchased 1,304,347 shares of the stock in a transaction dated Friday, June 5th. The shares were purchased at an average cost of $23.00 per share, with a total value of $29,999,981.00. Following the completion of the acquisition, the director owned 25,315,646 shares in the company, valued at $582,259,858. This represents a 5.43% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Featured Stories
- Five stocks we like better than Liftoff Mobile
- Short Squeeze Alert—Moderna Stock Surges on New Strategy
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
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.
