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Fly News Breaks for February 9, 2016
QLYS
Feb 9, 2016 | 08:36 EDT
Baird lowered its price target on Qualys to $25 from $40 following its Q4 results. The firm cited a slowdown in short-term billings, lowered revenue guidance, and assumptions the new CAP product will drive incremental VM growth. Baird maintained its Outperform rating on Qualys shares.