Qihoo 360 (QIHU) Could See Upside as It Could Start Full Search Service

June 28, 2012 9:42 AM EDT Send to a Friend
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Price: $42.78 --0%

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    6 Buy, 3 Hold, 0 Sell

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Today's Overall Ratings:
    Up: 9 | Down: 11 | New: 13
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Qihoo 360 (Nasdaq: QIHU) could see interest this morning after analysts at Citigroup commented that the company could be starting a full search service as early as this year.

The firm views the move as positive for Qihoo 360 and a potential negative for Baidu (Nasdaq: BIDU).

The firm reiterated their Buy rating and $39 price target on Qihoo.


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