Qualys price target raised to $145 from $135 at TD Cowen

TD Cowen raised the firm’s price target on Qualys (QLYS) to $145 from $135 and keeps a Hold rating on the shares. The firm said for 2Q25, the company delivered solid results, highlighted by 10% revenue growth and raised guidance. Management cited a stabilizing macro environment and improvements in gross retention and upsell execution, despite economic uncertainty, noting that platform adoption is driving higher large customer spend.