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Keep Qihoo 360 's buying rating unchanged

Source: Internet
Author: User
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Beijing time July 30 Evening News, the United States investment Bank Maxim Group announced in Tuesday, the maintenance of Qihoo 360 of the buying rating unchanged, the target price from 48 U.S. dollars to 72 U.S. dollars.

Maxim's analyst pointed out that the Qihoo is expected to release the next quarter of earnings per share will exceed market expectations, and is expected to be successful from Sohu to buy Sogou. Maxim also said that the Qihoo in the Chinese search market share may increase to 20%, will continue to pose a threat to Baidu.

In Monday, the shares of Qihoo were closed at $60.72 trillion, which had a trading range of 13.80 to 63.84 dollars over the past 52 weeks.

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