Future Asset Maintenance Qihoo 360 buy rating target price 37.5 USD

Sina Science and technology news Beijing time of November 15, the Korean investment company's future asset securities (Mirae Asset Nomura) today issued an investment report to maintain the Qihoo 360 (Nyse:qihu) Shares of the "buy" rating, while maintaining a 37.5 dollar target share price. The following is a summary of the report: Qihoo 360 will be released in the third quarter of fiscal year 2011 after the U.S. stock market closed November 16. We expect Qihoo 360 net revenue to reach $44 million trillion, up 185% per cent year-on-year, above the industry's expected $42 million trillion. Based on non-US GAAP, the US depository shares are diluted by $0.12 trillion, up from the industry's expected $0.07 trillion.　　Qihoo 360 made a lot of stock awards in the third quarter, so we expect that, based on US general accounting standards, the diluted earnings per share of US depository shares will be consistent with the industry's expectations. We expect that Qihoo 360 will give US $51 million trillion in fourth quarter revenue forecasts, up from the industry's expected $47 million trillion.　　We expect the Qihoo 360 2012 fiscal year revenue to grow 112% year-on-year. Stock Rating: We maintain the "buy" rating of Qihoo 360 shares while maintaining the target share price of $37.5. (Li Ming)