Glu Mobile (GLUU) Tops Q3 EPS by 6c; Guides FY14 Above Views

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Glu Mobile (GLUU) PT, Estimates Slashed at Northland Capital; 'Outperform' Rating Maintained

October 30, 2014 7:54 AM EDT

Northland Capital Markets analyst Darren Aftahi lowered his price target on Glu Mobile (NASDAQ: GLUU) to $7.00 (from $9.50) following results but maintained an Outperform rating.

Aftahi commented, "Glus in-line sales performance and 4Q guide may overshadow solid profit outperformance, as we believe expectations... More