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Qihoo 360 's stock rating remained neutral (Neutral) unchanged

Goldman Sachs today released its research report, keeping Qihoo 360 Nyse:qihu's stock rating at "neutral" (Neutral) unchanged at a target price of 108 dollars. The following is a summary of the report: Better-than-expected performance: Improved profit margins for gaming operations, progress in search business-Better-than-expected results: Qihoo 360 first-quarter results exceeded analysts ' expectations. Revenue for the first quarter was $265 million (up 141% per cent), with analysts expected to be 17% and 1 higher than Wall Street analysts.

Qihoo 360 's stock rating remained neutral (Neutral) unchanged, with a target price of 108 dollars

The following is a summary of the report: Better-than-expected performance: Improved profit margins for gaming operations, progress in search business-Better-than-expected results: Qihoo 360 first-quarter results exceeded analysts ' expectations. Revenue for the first quarter was $265 million (up 141% per cent), with senior group analysts expected to be 17% and 16% higher than average Wall Street analysts, and yields on US depository receipts (not in accordance with US GAAP)   For 0.54 dollars, the higher-sheng group analysts expected and Wall Street analysts expected to be 0.19 dollars higher than average. Qihoo 3 ...

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