Canaccord raised the firm’s price target on Qualys (QLYS) to $170 from $160 and keeps a Buy rating on the shares. The firm said they posted a resounding beat and after a downbeat Q2 with soft metrics accentuated by ongoing pockets of softness in core VM demand, the market was clearly caught off guard by the quick reversal in business momentum.
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Read More on QLYS:
- Qualys price target raised to $150 from $130 at TD Cowen
- Qualys price target raised to $126 from $123 at Morgan Stanley
- Qualys price target raised to $155 from $135 at Jefferies
- Qualys assumed with a Hold at Needham
- Qualys Reports Strong Q3 2024 Growth and Raises Guidance
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