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Fly News Breaks for February 4, 2020
Feb 4, 2020 | 07:09 EDT
Morgan Stanley analyst Matthew Cost initiated coverage of Glu Mobile with an Overweight rating and $7.75 price target. Cost thinks the company's stable of game franchises can drive higher than expected earnings and multiple expansion and is positive on 2-3 launches per year diversifying Glu's portfolio, he tells investors.
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