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Qihoo 360 (QIHU) in green after target price hiked

Wednesday,06 February,2013

Qihoo 360 Technology Co Ltd (NYSE: QIHU) shares increased 0.8% to start out Wednesday’s session at $31.98. QIHU’s stock had its price target upped by Macquarie from $27.00 to $40.00 in a research report released on Jan. 24. Macquarie currently has an outperform rating on the stock. Additionally, analysts at Zacks upgraded shares of Qihoo 360 Technology from a neutral rating to an outperform rating in a research note to investors on Jan. 24. They now have a $33.50 price target on the stock. Share volume was 44,000, compared to an all-day average of 407,000



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