Jefferies' analysts continue to project enhanced cash-flow metrics for Life360 (ASX:360).
The brokerage holds onto its ‘buy’ rating for the stock.
It views the San Francisco-based company’s foray into international markets as a positive influencer.
This overseas expansion is predicted to further fuel positive operational leverage.
Out of six analysts, all have rated the stock as ‘buy’ or above, with a median price target of A$10.55, as per LSEG data.
The stock has recorded a 73.1% rise this year up to its last close.
Life360 (ASX:360) is a San Francisco-based company that is currently expanding into international markets.