Wells Fargo Rates Liftoff Mobile (LFTO) buy, $32 Price Target
Wells Fargo has reiterated its buy rating on Liftoff Mobile, raising its price target to $32.00, a 33.22% upside from the current price.
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Wells Fargo rated Liftoff Mobile, Inc. ($LFTO) "buy" with a $32 price target on June 29, 2026.
Since the rating, $LFTO is down 8.9% after 1 week, down 12.7% after 1 month and down 35.2% to date (from the $25.47 close on Jun 29, 2026).
LFTO
Liftoff Mobile, Inc.
Key Points
- Wells Fargo reiterated its buy rating on Liftoff Mobile, Inc. with a new price target of $32.00.
- Wells Fargo's $32 price target implies 33.22% upside from Liftoff Mobile, Inc.'s ($LFTO) current $24.02 share price.
- The stock closed at $24.02 on June 29, 2026, well above its 52-week low of $16.17.
- The consensus among analysts shows a buy recommendation with a mean target price of $34.43.
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Wells Fargo Maintains Buy Rating
On June 29, 2026, Wells Fargo reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) and raised its price target to $32.00. This comes as the stock was trading at $24.02 on the NasdaqGS, reflecting a positive outlook from the firm.
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How This Call Compares to Other Ratings
Wells Fargo's updated price target is notable compared to other recent analyst ratings. For instance, Morgan Stanley maintained its Equal-Weight rating with a lower target of $20.00 on October 13, 2026. BTIG also maintained a Buy rating but lowered its target to $27.00 on October 9, 2026. This suggests a varied sentiment on Wall Street regarding Liftoff Mobile's prospects.
Stock Performance Context
The stock's current price of $24.02 is significantly above its 52-week low of $16.17, indicating a recovery trend. Liftoff Mobile has seen a high of $30.10 in the past year, suggesting potential for further growth as analysts adjust their targets.
$LFTO price target
Liftoff Mobile, Inc. daily closes and this analyst's $32 target. Not advice.
Analysts Set New Price Targets
The overall consensus among analysts remains positive, with a buy recommendation and a mean target price of $34.43. This reflects a strong belief in the company's growth potential, especially following Wells Fargo's latest update.
About Liftoff Mobile
Liftoff Mobile, Inc. provides mobile advertising and performance marketing solutions globally. The company's technology aims to enhance advertiser performance, making it a key player in the advertising agencies sector.
What to Watch at Liftoff Mobile, Inc.
Investors should keep an eye on Liftoff Mobile's next earnings report scheduled for November 11, 2026. As a reminder, Wells Fargo's rating reflects its position as of June 29, 2026, and may not represent current market conditions.
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Source: Wells Fargo's rating change on $LFTO (Jun 29, 2026). Written by software, not financial advice. How we make alerts