Morgan Stanley lowered the firm’s price target on Qualys (QLYS) to $90 from $120 and keeps an Underweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on QLYS:
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- Qualys Hold Rating: Steady Demand Amidst Competitive Challenges and Market Valuation Contraction
- Qualys price target lowered to $130 from $145 at Jefferies
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