Piper Sandler Downgrades Qualys to Underweight, Lowers Price Target to $109
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Rob Owens downgrades Qualys (NASDAQ:QLYS) from Neutral to Underweight and lowers the price target from $120 to $109.
June 09, 2023 | 9:08 am
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NEGATIVE IMPACT
Piper Sandler downgrades Qualys to Underweight and lowers the price target from $120 to $109.
The downgrade from Neutral to Underweight and the lowering of the price target by Piper Sandler analyst Rob Owens indicate a negative outlook for Qualys. This could lead to a short-term decline in the stock price as investors may react to the revised rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100