In a report released today, Nehal Chokshi from Northland Securities reiterated a Hold rating on Qualys (QLYS – Research Report), with a price target of $150.00. The company’s shares closed yesterday at $165.98.
According to TipRanks, Chokshi is a top 100 analyst with an average return of 26.6% and a 60.94% success rate. Chokshi covers the Technology sector, focusing on stocks such as PROS Holdings, SPS Commerce, and Super Micro Computer.
In addition to Northland Securities, Qualys also received a Hold from RBC Capital’s Matthew Hedberg in a report issued today. However, on the same day, Piper Sandler maintained a Sell rating on Qualys (NASDAQ: QLYS).
QLYS market cap is currently $6.13B and has a P/E ratio of 38.49.
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Qualys (QLYS) Company Description:
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. The firm also offers solutions through a software-as-a-service model, primarily with renewable annual subscriptions. The company was founded by Philippe F. Courtot on December 30, 1999 and is headquartered in Foster City, CA.
Read More on QLYS:
- Qualys Announces First Quarter 2024 Financial Results
- Snap upgraded, Apple downgraded: Wall Street’s top analyst calls
- Qualys initiated with a Sector Perform at Scotiabank following outperformance
- Qualys initiated with a Sector Perform at Scotiabank
- Qualys Board Member William Berutti Not to Seek Re-Election
