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Fly News Breaks for September 11, 2019
GLUU
Sep 11, 2019 | 08:19 EDT
As previously reported, Roth Capital analyst Darren Aftahi upgraded Glu Mobile to Buy from Neutral, with a $7 price target. The analyst cited his Q3 bookings model that is tracking favorably above the midpoint of guidance, in combination with what he believes now looks like a more favorable risk/reward set up for the stock on more reasonable second half of 2019/2020 estimates.
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