Liftoff Mobile (NASDAQ:LFTO) Now Covered by Wolfe Research

Stock analysts at Wolfe Research began coverage on shares of Liftoff Mobile (NASDAQ:LFTO) in a research report issued on Monday. The firm set a “peer perform” rating on the stock.

LFTO has been the topic of a number of other research reports. Morgan Stanley set a $30.00 price objective on shares of Liftoff Mobile in a report on Monday. Royal Bank Of Canada initiated coverage on shares of Liftoff Mobile in a research report on Monday. They set an “outperform” rating and a $35.00 price target for the company. Raymond James Financial initiated coverage on shares of Liftoff Mobile in a research report on Monday. They set an “outperform” rating and a $32.00 price target for the company. Weiss Ratings initiated coverage on Liftoff Mobile in a report on Thursday, June 4th. They issued a “sell (e)” rating on the stock. Finally, Needham & Company LLC started coverage on Liftoff Mobile in a report on Monday. They issued a “buy” rating and a $42.00 price target on the stock. Twelve analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Liftoff Mobile Price Performance

NASDAQ:LFTO opened at $27.39 on Monday. Liftoff Mobile has a fifty-two week low of $23.08 and a fifty-two week high of $30.10.

Insider Activity

In other news, Director Atlantic Genpar L.P. General acquired 1,304,347 shares of Liftoff Mobile stock in a transaction that occurred on Friday, June 5th. The shares were acquired at an average price of $23.00 per share, with a total value of $29,999,981.00. Following the completion of the purchase, the director owned 25,315,646 shares of the company’s stock, valued at approximately $582,259,858. This represents a 5.43% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.