Piper Sandler analyst Rob Owens upgraded Qualys (QLYS) to Neutral from Underweight with a price target of $135, up from $115. The company reported solid Q3 results on accelerating billings growth and record operating margin, the analyst tells investors in a research note. The firm says Q3 marked five straight quarters of upside to quarterly guidance. Piper is now more positive on the shares, saying improvement in Qualys’ execution has led to expectations for a better growth outlook.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QLYS:
- Balanced Outlook on Qualys: Strong Performance Amid Risks Justifies Hold Rating
- Qualys: Strong Q3 2025 Results Amid Competitive Challenges Justify Hold Rating
- Qualys Reports Strong Q3 2025 Earnings Growth
- Qualys: Strong Performance with Growth Potential Amid Short-Term Challenges
- Closing Bell Movers: AMD falls 4% on earnings, Trex, Pinterest down sharply