Jefferies Reiterates Buy Rating on LFTO
Jefferies maintains a buy rating on LFTO with a $34 price target, a 33.49% upside from the current price.
Key Points
- Jefferies reiterated its buy rating on LFTO with a price target of $34 on June 29, 2026.
- Jefferies's $34 price target implies 33.49% upside from Liftoff Mobile, Inc.'s ($LFTO) current $25.47 share price.
- LFTO shares were trading at $27.39 on Monday.
- Several other analysts, including RBC Capital and Goldman Sachs, also initiated buy ratings with targets up to $40.
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Jefferies has reiterated its buy rating on LFTO, setting a price target of $34. This reaffirmation came on June 29, 2026, as part of a broader wave of positive analyst sentiment toward the company. Shares of LFTO traded at $27.39 on Monday.
Jefferies vs. the S&P 500
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Analysts Set New Price Targets
On June 29, 2026, Jefferies initiated coverage on LFTO with a buy rating and a price target of $34. Other analysts have also shown optimism. RBC Capital set a $35 target, while Goldman Sachs issued a more bullish target of $40. Additional firms, including Raymond James, Cantor Fitzgerald, Deutsche Bank, Barclays, and Wells Fargo, all initiated buy ratings with targets ranging from $32 to $37.
Insider Buying and Selling at Liftoff Mobile, Inc.
On June 5, 2026, insider buying activity was reported at LFTO. GENERAL ATLANTIC (LFT), L.P. purchased 1,304,347 shares at an average price of $23. Similarly, GENERAL ATLANTIC GENPAR, L.P. also bought 1,304,347 shares at the same price. These transactions were not part of a pre-planned trading program.
Bottom Line
LFTO is gaining attention from analysts, with Jefferies and others initiating coverage with buy ratings and targets as high as $40. The insider buying activity suggests confidence in the company's future prospects. As always, investors should consider that these ratings reflect analyst opinions and are not investment recommendations.
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