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Fly News Breaks for August 1, 2018
QLYS
Aug 1, 2018 | 05:22 EDT
JPMorgan analyst Sterling Auty raised his price target for Qualys to $100 saying revenue growth in Q2 accelerated again to 23%, up from 22% last quarter. The quarter had 100 basis points of current tailwind, and the benefit of better than anticipated linearity, Auty tells investors in a post-earnings research note. The analyst increased this target multiple for the stock but keeps a Neutral rating on Qualys.
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