Qihoo 360, 7% in the market value of $10 billion

See the latest market Qihoo 360-week closing data

August 27 Morning News, Qihoo 360 (Nyse:qihu) Monday high prices, after the shock finishing, the highest increase of more than 11%. The highest price rose to 81.6 U.S. dollars, the market value of 10.04 billion U.S. dollars, which is Qihoo 360 for the first time more than 10 billion U.S. dollars. At the close of Monday, the shares rose by 7.75%, to $78.8 trillion and a market value of $9.677 billion.

Qihoo 360 reported strong second-quarter earnings in the second quarter, up 108% per cent over Wall Street's 142 million-dollar forecast, and a 33 million-dollar increase of 372% dollars over Wall Street's 23 million-dollar forecast.

Bank of America Merrill Lynch, which maintains the "buy" rating of Qihoo 360, raised its target stock to $84, t.h.capital the Qihoo 360 buy rating and raised its target price from 52 to $94. At the same time Goldman maintained Qihoo 360 Neutral rating, the target price from 66 U.S. dollars to 72 U.S. dollars.