Glu Reports First Quarter 2018 Financial Results

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Glu Mobile (GLUU) PT Raised to $5.50 at Stifel

May 2, 2018 6:22 AM EDT

Stifel raised its price target on Glu Mobile (NASDAQ: GLUU) to $5.50 (from $5.00) while maintaining a Buy rating following another beat-and-raise.

Analsyt Drew Crum commented, "Glu Mobile reported better-than-expected 1Q results, with adj. EBITDA of $6.3 million which beat our estimate and consensus of $2.9... More