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Fly News Breaks for May 2, 2019
QLYS
May 2, 2019 | 08:21 EDT
RBC Capital analyst Matthew Hedberg raised his price target on Qualys to $90 to reflect its peer group multiple expansion. The analyst also keeps his Sector Perform rating on the stock after its "largely in-line" Q1 earnings and Q2 outlook, saying the company benefited from several large deals that were invoiced in the quarter even though their anniversary date was in Q4 of last year.
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