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Fly News Breaks for March 6, 2018
QLYS
Mar 6, 2018 | 09:20 EDT
Needham analyst Alex Henderson raised his price target on Qualys to $85, saying his recent meeting with the management gave him added confidence in the company's 2018 prospects and beyond. Henderson says the company's core business in Vulnerability Management is accelerating while its new products are seeing greater traction, leading to larger initial deals. The analyst keeps his Buy rating on Qualys amid robust up-sell opportunities along with a better acceptance rate overseas.
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