Technology

IVE Group beat 1HFY25 expectations, raised its FY25 NPAT guidance, and increased its price target to $2.80, maintaining a Buy rating.

We've increased Life360's price target by 10% to $22.50 and maintain our Buy recommendation.

Integrated Research provided an FY24 trading update and effectively narrowed the previously provided guidance ranges to the top end.

Life360 provided a positive and unexpected market update with two key metrics in 1Q2024 materially exceeding both our and market expectations.

We have reviewed our Life360 forecasts post the release of the 3Q2023 result a couple of weeks ago and made some minor adjustments. We maintain a Buy recommendation and have decreased our Price Target by 2% to $11.00.

We initiate coverage on telecommunications and technology company Telstra, with a price target of $4.15.