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Fly News Breaks for August 3, 2017
QLYS
Aug 3, 2017 | 05:38 EDT
JPMorgan analyst Sterling Auty upgraded Qualys to Overweight and raised his price target for the shares to $55 from $40. After five straight quarters of revenue deceleration, the company's sales are set to reaccelerate in the back half of the year, Auty tells investors in a post-earnings research note. He sees a "very attractive" cash flow profile.
News For QLYS From the Last 2 Days
QLYS
Apr 26, 2024 | 10:06 EDT
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.
