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Qualys (QLYS) Receives a Hold from Berenberg Bank

Berenberg Bank analyst Berenberg Bank maintained a Hold rating on Qualys (QLYSResearch Report) on February 13 and set a price target of $132.00. The company’s shares closed last Monday at $121.65.

Currently, the analyst consensus on Qualys is a Hold with an average price target of $141.67, implying a 23.0% upside from current levels. In a report issued on February 3, Needham also maintained a Hold rating on the stock.

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The company has a one-year high of $142.94 and a one-year low of $90.26. Currently, Qualys has an average volume of 294.6K.

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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. 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.

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