Truist Securities Maintains Hold on Qualys, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Qualys (NASDAQ:QLYS) but lowered its price target from $130 to $120.
October 23, 2024 | 2:12 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Qualys but reduced the price target from $130 to $120, indicating a more cautious outlook.
The lowering of the price target by Truist Securities suggests a less optimistic view on Qualys' future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100