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Fly News Breaks for October 17, 2016
QLYS
Oct 17, 2016 | 07:35 EDT
As noted earlier, DA Davidson upgraded Qualys to Buy from Neutral. After attending the company's conference and conducting many checks, analyst Jack Andrews is more confident in its "underlying business fundamentals." Andrews is convinced that the company's growth and margins will eventually accelerate, largely due to its "accelerating pace of innovation" and "increasing focus on marketing." Target to $47 from $36.
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