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Strong Buy
up 2.79 %

GLU MOBILE INC. (GLUU) rated Strong Buy with price target $6 by Needham

Posted on: Thursday,  May 1, 2014  12:00 AM ET by Needham

Needham rated Strong Buy GLU MOBILE INC. (NASDAQ: GLUU) on 05/01/2014, when the stock price was $4.29.
Since then, GLU MOBILE INC. has gained 2.80% as of 11/13/2015's recent price of $4.41.
If you would have followed this Needham's recommendation on GLUU, you would have gained 2.79% of your investment in 561 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/1/2014 12:00 AM Buy
4.29 6.00
as of 10/17/2014
1 Week up  2.59 %
1 Month down  -16.66 %
3 Months down  -33.28 %
1 YTD up  12.11 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/2/2012 8:25 AM Buy
2.67 5.00
11/2/2007 9:25 AM Hold
10/3/2007 9:25 AM Buy
9.31 12.00
8/2/2007 9:25 AM Buy
11.12 15.00

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