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GLU MOBILE INC. (GLUU) [hlAlert]

Rating:
Buy GLUU
up 22.84 %

GLU MOBILE INC. (GLUU) rated Buy with price target $5 by Stifel Nicolaus

Posted on: Tuesday,  Oct 16, 2012  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy GLU MOBILE INC. (NASDAQ: GLUU) on 10/16/2012, when the stock price was $3.59. Since
then, GLU MOBILE INC. has gained 22.84% as of 11/13/2015's recent price of $4.41.
If you would have followed this Stifel Nicolaus's recommendation on GLUU, you would have gained 22.84% of your investment in 1123 days.

Glu Mobile Inc. is engaged in designing, marketing and selling games for mobile phones. The Company have developed and published a portfolio of casual and traditional games designed to appeal to a cross section of the subscribers served by the wireless carriers and other distributors. The games include Call of Duty, Deer Hunter, Diner Dash, Family Feud, The Dark Knight, Transformers, World Series of Poker, Zuma, Bonsai Blast, Get Cookin?, Brain Genius, My Hangman, Space Monkey, Stranded and Super K.O. Boxing. During the year ended December 31, 2008, the Company completed the acquisition of Superscape.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/16/2012 8:25 AM Buy
None
3.59 5.00
as of 12/31/2012
1 Week down  -3.38 %
1 Month down  -20.27 %
3 Months down  -36.49 %
1 YTD down  -36.49 %

(*) Stock Price at the time of the recommendation.
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