A number of research firms have changed their ratings and price targets for Glu Mobile (NASDAQ: GLUU):
2/22/2016 – Glu Mobile was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $4.62 price target on the stock. 2/18/2016 – Glu Mobile had its “buy” rating reaffirmed by analysts at Northland Securities. 2/17/2016 – Glu Mobile had its “buy” rating reaffirmed by analysts at Roth Capital. They now have a $5.25 price target on the stock, up previously from $5.00. 2/16/2016 – Glu Mobile was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $3.76 price target on the stock. 2/6/2016 – Glu Mobile had its “outperform” rating reaffirmed by analysts at Northland Securities. They now have a $3.00 price target on the stock. 2/5/2016 – Glu Mobile had its “overweight” rating reaffirmed by analysts at Piper Jaffray. They now have a $4.25 price target on the stock, down previously from $4.50. 2/5/2016 – Glu Mobile was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “GLU MOBILE INC., is a leading global publisher of mobile games. Its portfolio of top-rated games includes original titles Super K.O. Boxing!, Stranded and Brain Genius, and titles based on major brands from partners including Atari, Activision, Konami, Harrah’s, Hasbro, Warner Bros., Microsoft, PlayFirst, PopCap Games, SEGA and Sony. Glu is based in San Mateo, Calif. and has offices in London, France, Germany, Spain, Italy, Sweden, Poland, Russia, Hong Kong, China, Brazil, Chile, Canada and San Clemente, Calif. “ 2/5/2016 – Glu Mobile was upgraded by analysts at Benchmark Co. from a “hold” rating to a “buy” rating. They now have a $3.68 price target on the stock. 2/4/2016 – Glu Mobile had its “hold” rating reaffirmed by analysts at Wedbush. They now have a $3.30 price target on the stock. 1/27/2016 – Glu Mobile had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $3.30 price target on the stock. 1/12/2016 – Glu Mobile had its price target lowered by analysts at Northland Securities from $9.50 to $3.00. They now have an “outperform” rating on the stock. 1/3/2016 – Glu Mobile had its “buy” rating reaffirmed by analysts at Craig Hallum. 1/3/2016 – Glu Mobile had its “buy” rating reaffirmed by analysts at Cowen and Company. 12/30/2015 – Glu Mobile was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating. 12/28/2015 – Glu Mobile had its “buy” rating reaffirmed by analysts at Craig Hallum. They now have a $4.00 price target on the stock, down previously from $7.00. 12/28/2015 – Glu Mobile had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $5.00 price target on the stock.
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