Information Provided By:
Fly News Breaks for May 4, 2016
GLUU
May 4, 2016 | 08:39 EDT
As previously reported, Roth Capital downgraded Glu Mobile to Neutral from Buy given the lack of growth and catalysts. Analyst Darren Aftahi notes that Q1 outperformed estimates, but says a weak Q2 and 2016 guide underscore the fading grossing ranks of the company's game catalog, as well as "mediocre" game beta performances. The analyst lowered his price target on the shares to $2.50 from $4.15.
News For GLUU From the Last 2 Days
There are no results for your query GLUU