Wedbush initiates Liftoff Mobile stock with Outperform rating
Wedbush initiated coverage on Liftoff Mobile (LFTO) with an Outperform rating and a $25 price target, citing its market position and fiscal 2027 EBITDA estimate of $632 million. LFTO shares have dropped 40% since June, trading at $16.75. Analysts note potential upside, with LFTO trading at 6.5x 2027 EBITDA vs. peers' 9.6x-10.5x. Other analysts have mixed ratings and targets ranging from $18 to $22.

