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Fly News Breaks for June 14, 2018
QLYS
Jun 14, 2018 | 04:50 EDT
First Analysis analyst Howard Smith upgraded Qualys to Overweight and raised his price target for the shares to $110 from $82. The company at its virtual analyst day offered a "compelling" view of its architecture and provided long-range guidance for revenue growth and EBITDA margin above expectations, Smith tells investors in a research note. He believes this allow for continued market outperformance of the shares, despite the "already lofty multiples."
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