Liftoff Mobile (NASDAQ:LFTO) Now Covered by Tigress Financial

Tigress Financial started coverage on shares of Liftoff Mobile (NASDAQ:LFTO) in a research report issued on Monday,Benzinga reports. The brokerage set a “buy” rating and a $39.00 price target on the stock. Tigress Financial’s price target would suggest a potential upside of 57.07% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Jefferies Financial Group assumed coverage on Liftoff Mobile in a report on Monday, June 29th. They issued a “buy” rating and a $34.00 price target on the stock. Cantor Fitzgerald started coverage on Liftoff Mobile in a research report on Monday, June 29th. They set an “overweight” rating and a $33.00 target price on the stock. Zacks Research upgraded Liftoff Mobile to a “hold” rating in a research report on Tuesday, June 30th. Raymond James Financial started coverage on Liftoff Mobile in a report on Monday, June 29th. They issued an “outperform” rating and a $32.00 target price on the stock. Finally, Royal Bank Of Canada initiated coverage on Liftoff Mobile in a research note on Monday, June 29th. They set an “outperform” rating and a $35.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.46.

Liftoff Mobile Price Performance

LFTO stock opened at $24.83 on Monday. Liftoff Mobile has a 1 year low of $21.80 and a 1 year high of $30.10.

Insider Activity at Liftoff Mobile

In other Liftoff Mobile news, Director Atlantic Genpar L.P. General purchased 1,304,347 shares of Liftoff Mobile stock in a transaction that occurred on Friday, June 5th. The stock was purchased at an average price 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 of the company’s stock, valued at approximately $582,259,858. This trade represents a 5.43% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.