Market Overview

UPDATE: Benchmark Downgrades Glu Mobile

Related GLUU
7 Internet Stocks On Canaccord's Dashboard
12 Biggest Mid-Day Losers For Wednesday

In a report released Thursday, Benchmark analyst Mike Hickey downgraded Glu Mobile (NASDAQ: GLUU) from Buy to Hold.

Analysts at Benchmark find management's projected reduction from the Kim Kardashian game in fiscal Q4 to be unfavorable, along with the recent share pullback due to the Cie acquisition. Hickey reduced Glu Mobiles risk/reward valuation from positive to neutral.

Latest Ratings for GLUU

Aug 2016Northland SecuritiesDowngradesOutperformMarket Perform
May 2016Roth CapitalDowngradesBuyNeutral
Apr 2016Roth CapitalMaintainsBuy

View More Analyst Ratings for GLUU
View the Latest Analyst Ratings

Posted-In: Benchmark Mike HickeyDowngrades Analyst Ratings


Related Articles (GLUU)

View Comments and Join the Discussion!