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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QLYS:
- Cybersecurity survey points to demand slowdown, says Jefferies
- Qualys price target lowered to $131 from $135 at RBC Capital
- Qualys Hold Rating: Steady Demand Amidst Competitive Challenges and Market Valuation Contraction
- Qualys price target lowered to $130 from $145 at Jefferies
- Qualys assumed with an Underweight at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue