UPDATE: Stifel Nicolaus Raises PT to $41 on Qihoo 360 Technology Following Q4 Beat
March 06, 2013 at 13:15 PM EST
Stifel Nicolaus maintained Qihoo 360 Technology (NYSE: QIHU ) with a Buy rating and raised the price target from $37.00 to $41.00. Stifel Nicolaus noted, "We believe the core online advertising and web game operations can sustain about 40% growth in 2013 fueled by increasing penetration and usage of its