Qihoo 360 Technology (QIHU) Lower on Downgrade at CIMB

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Qihoo 360 Technology (NYSE: QIHU) has been on fire of last as it makes major inroads against Chinese search leader Baidu. However, today shares are weaker following a rare downgrade.

CIMB downgraded Qihoo 360 from Outperform to Market Perform with a price target of $33.00.

For an analyst ratings summary and ratings history on Qihoo 360 Technology click here. For more ratings news on Qihoo 360 Technology click here.

Shares of Qihoo 360 Technology last traded at $31.85, down 2%.

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