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Fly News Breaks for June 14, 2018
QLYS
Jun 14, 2018 | 08:35 EDT
Needham analyst Alex Henderson raised his price target on Qualys to $105 after the company's Analyst Day presentation "effectively raised guidance" by providing a long-term projections of over 20% top line growth. Henderson cites continued expansion of functionality driving the company's Security and Network management capabilities, while also "broadening the breadth of its VM security platforms" helping Qualys to sustain its "industry-leading profitability". The analyst keeps his Buy rating on Qualys.
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