Scotiabank analyst Patrick Colville lowered the firm’s price target on Qualys (QLYS) to $135 from $139 and keeps a Sector Perform rating on the shares. The firm believes the company is insulated from the risk of “vibe coded” copycats, such as Anthopic, and notes shares continue to outperform close to peers, the analyst tells investors. However, Scotiabank is unconvinced that Qualys is the best positioned to be the platform of choice in the sector.
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