Wedbush Sticks to Its Buy Rating for Qualys (QLYS)


Wedbush analyst Daniel Ives maintained a Buy rating on Qualys (NASDAQ: QLYS) today and set a price target of $95. The company’s shares opened today at $71.24.

According to TipRanks.com, Ives is a 4-star analyst with an average return of 3.7% and a 53.8% success rate. Ives covers the Technology sector, focusing on stocks such as Tenable Holdings Inc, Citrix Systems, and Nice-Systems.

Currently, the analyst consensus on Qualys is a Moderate Buy with an average price target of $91, representing a 27.7% upside. In a report issued on October 29, Monness also maintained a Buy rating on the stock with a $95 price target.

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Qualys’ market cap is currently $2.97B and has a P/E ratio of 65.36. The company has a Price to Book ratio of 7.60.

Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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