Qualys (QLYS) Tops Q1 EPS by 14c ; Offers Guidance

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Go back to Qualys (QLYS) Tops Q1 EPS by 14c ; Offers Guidance

Qualys (QLYS) PT Lowered to $125 at JPMorgan, 'Execution Headwinds Remain'

May 8, 2024 8:29 AM EDT

JPMorgan analyst Brian Essex lowered the price target on Qualys (NASDAQ: QLYS) to $125.00 (from $152.00) while maintaining a Underweight rating.

The analyst comments "1Q24 results a bit weaker than expected. QLYS reported 1Q24 revenue relatively in-line with consensus expectations with better profitability and cash flow. However,... More