Broker Notes: Why analysts name Life360, Pendal and Hipages to buy now?

$Life360 Inc(360.AU)$: Bell Potter has a buy rating and A$10.00 target price on the stock.

Life360's 1Q results will likely show strong on-year growth in the family-safety app's core business, Bell Potter says.

Shares are 0.55% lower at A$5.47.

$Pendal Group Ltd(PDL.AU)$: Morgan Stanley remains overweight on the stock.

Pendal's investors may have to be patient, as the fund manager needs to demonstrate inflow to rerate, Morgan Stanley says.

Shares are 2.11% higher at A$5.32.

$Bega Cheese Ltd(BGA.AU)$: Goldman Sachs has a neutral rating on the stock.

Australian milk production continues to fall with structural growth required to reverse the margin squeeze being felt by Bega Cheese and other processors as they scramble for supply, say Goldman Sachs.

Shares are 0.77% lower at A$5.15.

$hipages Group Holdings Ltd(HPG.AU)$: Goldman Sachs has a buy rating on the stock.

Hipages Group stands to gain from signs of a positive growth in net tradesperson additions, says Goldman Sachs

Shares are 5.30% lower at A$1.43.