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Stifel to maintain Qihoo to buy rating target price up to 168 dollars

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Absrtact: Check the latest quotes Beijing time March 7 Evening News, the U.S. investment agency Stifel Study today issued an investment report to maintain the Qihoo 360 stock (Nyse:qihu) Buy rating, the target price from 108 U.S. dollars to 168 U.S. dollars. Stifel said in the report

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Beijing Time March 7 Evening News, U.S. investment agency Stifel Study today issued an investment report to maintain the Qihoo 360 stock (Nyse:qihu) "Buy" rating, the target price from 108 U.S. dollars to 168 U.S. dollars.

Stifel Research said in the report, after the release of the 2013 fiscal year in excess of the expected results, based on Qihoo visitor flow, technical advantages and profit margins, the tiger target share price from 108 U.S. dollars to 168 U.S. dollars, while maintaining its "buy" rating.

In the quarter, Qihoo 360 revenue was $221.6 million, up 115.3% from 103 million dollars in the same period last year. The net profit was $16.6 million trillion, up 30% from $12.8 million a year earlier.


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