UPDATE: Citigroup Raises PT on Qihoo 360 Technology Following 3Q Earnings Beat

By: Benzinga
In a report published Tuesday, Citigroup analyst Bin Liu reiterated a Buy rating on Qihoo 360 Technology Co. Ltd. (NYSE: QIHU ), and raised the price target from $87.00 to $115.00. In the report, Citigroup noted, “Qihoo's 3Q13 non-GAAP net profit of US$61.5m (up 154% yoy) beat Citi/Bloomberg consensus by
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