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Fly News Breaks for October 7, 2015
QLYS
Oct 7, 2015 | 12:43 EDT
JPMorgan analyst Sterling Auty says this morning's announcement from Qualys regarding a new head of worldwide field operations and a new head of Europe comes just days after the close of the quarter. The timing is likely to raise questions among investors, Auty tells investors in a research note. Changes to heads of sales and regions often take a couple of quarters to settle out, the analyst cautions. He keeps a Neutral rating on Qualys.
News For QLYS From the Last 2 Days
QLYS
Apr 26, 2024 | 07:17 EDT
As previously reported, Scotiabank initiated coverage of Qualys with a Sector Perform rating and $172 price target. Qualys has "a rock-solid reputation in vulnerability management," but "the firm needs more than one string to its bow," the analyst tells investors. The firm fails to see significant traction among the company's newer products and although Qualys' 2024 guidance looks achievable, "we don't see it as a layup," the analyst added. With the stock having outperformed year-over-year, the firm believes the shares are fairly valued.
QLYS
Apr 25, 2024 | 16:18 EDT
Scotiabank initiated coverage of Qualys with a Sector Perform rating and $172 price target.