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Qualys price target lowered to $158 from $163 at Canaccord

Canaccord lowered the firm’s price target on Qualys (QLYS) to $158 from $163 and keeps a Buy rating on the shares. The firm said Qualys printed a solid set of numbers in Q1 as its steady execution demonstrates its platform resilience. The company is executing well as it navigates the pocket of soft demand affecting the vulnerability management space.

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