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UPDATE: Credit Suisse Initiates Qualys at Neutral on Leverage to Growth

Imperial Capital's Favorites In Cybersecurity Ahead Of Q2 Earnings
All Of Imperial Capital's Cybersecurity Coverage Ahead Of Earnings

Credit Suisse initiated coverage on Qualys (NASDAQ: QLYS) with a Neutral rating and a $15 price target.

Credit Suisse commented, "Software-as-a-service has already overcome the initial hurdles of establishing the on-demand model as a viable alternative to the traditional on-premise, license-based solutions. Given that many of the concerns about security, performance, availability, and reliability of on-demand offerings have been addressed, security-asa-service has also begun to make greater inroads into large enterprises, which brings significant opportunity for on-demand security vendors such as Qualys."

Qualys closed at $14.89 on Monday.

Latest Ratings for QLYS

Jul 2016Summit Redstone PartnersAssumesHold
May 2016DA DavidsonMaintainsNeutral
May 2016BairdDowngradesOutperformNeutral

View More Analyst Ratings for QLYS
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Initiation Intraday Update Analyst Ratings


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