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November 26, 2013
07:56 EDTQIHUQihoo 360 price target raised to $118 from $90 at Macquarie
Macquarie raised Qihoo 360's price target to $118 citing strong Q3 results and better than expected guidance. The firm said mobile search will be a main focus in 2014 and expects new products to solidify its brand image. Shares are Outperform rated.
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