Qualys, Inc. (NASDAQ:QLYS) gained momentum as JPMorgan upgraded it to Neutral and raised the price target to $139 on stronger vulnerability-management growth, fueling a breakout past its 200-day moving average and a five-day win streak with shares near $138.
Previous Week Recap
- JPMorgan Lifts Qualys To Neutral: JPMorgan raised Qualys (QLYS) to Neutral and lifted its price target to $139 from $87, citing stronger growth in the vulnerability-management market driving an improved outlook for the stock.
- Qualys Breaks Above 200-Day: Qualys (QLYS) extended a five-day win streak after breaking above its 200-day moving average and a bull-flag, jumping ~6% on breakout and trading near $138 (up ~14% week).
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