Wedbush Maintains Outperform on Qualys, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Qualys (NASDAQ:QLYS) but lowers the price target from $230 to $210.

February 08, 2024 | 1:44 pm
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NEUTRAL IMPACT
Wedbush maintains an Outperform rating on Qualys but lowers the price target from $230 to $210.
The adjustment in price target by a reputable analyst like Daniel Ives could have a mixed impact on Qualys' stock. While maintaining an Outperform rating indicates a positive outlook on the company, the reduction in price target might raise concerns among investors about the potential for growth, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100