Scotiabank analyst Patrick Colville raised the firm’s price target on Qualys (QLYS) to $142 from $140 and keeps a Sector Perform rating on the shares. The company delivered a “good enough” Q1, which was a positive after its close peer Tenable’s (TENB) “disappointment” last week, the analyst tells investors. While the firm appreciates the company’s continued capital return in Q1, Scotiabank would like to see evidence of a ramp from newer products before getting more positive on the shares.
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Read More on QLYS:
- Qualys price target lowered to $145 from $160 at Wedbush
- Qualys price target raised to $140 from $135 at Baird
- Qualys price target raised to $140 from $131 at RBC Capital
- Qualys Receives Buy Rating Due to Strong Financial Performance and Strategic Growth Initiatives
- Qualys price target lowered to $158 from $163 at Canaccord
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