Stephens & Co. Reiterates Equal-Weight on Qualys, Maintains $190 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Brian Colley has reiterated an Equal-Weight rating on Qualys (NASDAQ:QLYS) and maintained a $190 price target on the stock.
February 08, 2024 | 5:48 pm
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NEUTRAL IMPACT
Qualys maintains an Equal-Weight rating and a $190 price target from Stephens & Co., as reiterated by analyst Brian Colley.
The reiteration of an Equal-Weight rating and maintenance of a $190 price target by Stephens & Co. suggests a neutral outlook on Qualys' stock in the short term. This indicates that the analyst sees the company as properly valued at its current price level, neither undervalued nor overvalued. Therefore, this news is unlikely to cause significant movements in the stock price in the immediate future, but it reaffirms the analyst's confidence in the valuation.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90