Wolfe Research analyst Joshua Tilton upgraded Qualys (QLYS) to Peer Perform from Underperform without a price target after Bloomberg reported the company is exploring options, including a potential sale, after receiving takeover interest. The firm believes the introduction of a potential takeover and more inline consensus growth estimates limit the downside risk to the shares.
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Read More on QLYS:
- Qualys (NASDAQ:QLYS) Stock Surges on Reports of Potential Sale
- Qualys exploring sale after attracting takeover interest, Bloomberg reports
- Qualys weighing sale after attracting interest, Bloomberg says
- Qualys up 29% after Bloomberg says company exploring possible sale
- Qualys price target raised to $145 from $120 at Truist