Glu Partners with Hip-Hop Mogul Nicki Minaj
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Benchmark Cuts Price Target on Glu Mobile (GLUU) Following 2Q Results and Guidance
August 5, 2015 9:31 AM EDTBenchmark maintained a Buy rating on Glu Mobile (NASDAQ: GLUU), and cut the price target to $6.58 (from $7.64), following 3Q15. Sales were $57.5M compared to guidance of $50M $52M and Street's estimate of $51M. Adjusted EBITDA was $1.7M compared to guidance of $(5)M $(3)M and Street's... More
Cowen Cuts Price Target on Glu Mobile (GLUU) Following 2Q EPS Beat
August 5, 2015 6:51 AM EDTCowen maintained an Outperform rating on Glu Mobile (NASDAQ: GLUU), and cut the price target to $8.00 (from $10.00), following Q2 earnings results. Non-GAAP revenue of $57.5MM was ahead of consensus $51.5MM. Non-GAAP EPS of $0.01 beat -$0.04 consensus.
Analyst Doug Creutz commented, "Glu... More
