In a report released today, Daniel Ives from Wedbush maintained a Buy rating on Qualys (QLYS), with a price target of $95. The company’s shares opened today at $73.65.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 4.2% and a 57.1% success rate. Ives covers the Technology sector, focusing on stocks such as Tenable Holdings Inc, Citrix Systems, and Nice-Systems.
Qualys has an analyst consensus of Moderate Buy, with a price target consensus of $91.
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Based on Qualys’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $23.47 million. In comparison, last year the company had a net profit of $8.45 million.
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Qualys, Inc. engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures; help protect information technology systems and applications from cyber attacks; and achieve compliance with internal policies and external regulations.
