Qihoo 360 price target raised to $160 from $115 at Citigroup Citigroup raised its price target for Qihoo 360 shares to $160 citing more visible mobile and search growth potential following the company's Q4 results. Citi keeps a Buy rating on the stock.
China mobile game sector to grow slower in 2015, says Rosenblatt Rosenblatt says Tencent reported below consensus numbers, particularly in mobile games, where revenue fell sequentially. The firm expects China's mobile game sector to grow slower in 2015 and remains on the sidelines with regards to shares of Sky-mobi (MOBI), China Mobile Games (CMGE) and iDreamSky (DSKY). Rosenblatt thinks Qihoo's(QIHU) mobile game distribution business will also be hurt by the slowing growth.