Investors Optimistic on Prospects for Qihoo Deal with Sugou; Maxim Boosted QIHU Target to $72
July 30, 2013 at 13:02 PM EDT
Shares of Qihoo 360 Technology (NASDAQ: QIHU ) are outperforming the broader stock market Tuesday afternoon, likely on the heels of a positive note from Maxim's Echo He earlier this morning. The stock last traded at $62.28, up more than 2.5 percent from Monday's close. The Maxim analyst boosted his