Life360 is trading 4.18% down at $42.43 after DA Davidson lowered its price target to $40 from $47 while maintaining a Neutral rating.
- The firm cited softer international monthly active-user growth.
- Third-quarter users were tracking 1.5% below consensus, and its growth estimate fell to 16.6% from 17.3%.
- Broader markets are also weaker, but the analyst action is the clearest catalyst.