UBS Initiates Coverage On Qualys with Neutral Rating, Announces Price Target of $135
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Roger Boyd has initiated coverage on Qualys (NASDAQ:QLYS) with a Neutral rating and a price target of $135.
July 06, 2023 | 10:06 am
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UBS has initiated coverage on Qualys with a Neutral rating and a price target of $135, which may influence investor sentiment.
The initiation of coverage by UBS, a major financial institution, can influence investor sentiment towards Qualys. The Neutral rating suggests that UBS sees the stock as fairly valued at current levels, while the price target of $135 provides a reference point for investors. However, as this is just one analyst's view, the overall impact may be moderate.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100