Morgan Stanley Maintains Underweight on Qualys, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Underweight rating on Qualys (NASDAQ:QLYS) and raises the price target from $95 to $104.
August 08, 2023 | 2:02 pm
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Morgan Stanley maintains an Underweight rating on Qualys and raises the price target from $95 to $104.
The news directly pertains to Qualys as Morgan Stanley maintains an Underweight rating on the company. However, the price target has been raised from $95 to $104, indicating a potential upside. This could have a neutral impact on the stock in the short term as the Underweight rating might offset the positive impact of the increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100