Morgan Stanley Maintains Underweight on Qualys, Raises Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Underweight rating on Qualys (NASDAQ:QLYS) and raises the price target from $104 to $137.
November 07, 2023 | 1:58 pm
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Morgan Stanley maintains an Underweight rating on Qualys and raises the price target from $104 to $137.
While the price target for Qualys has been raised, the Underweight rating suggests that Morgan Stanley does not expect the stock to outperform its peers in the near term. This could limit the positive impact of the increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100