By: Benzinga
March 11, 2013 at 11:58 AM EDT
UPDATE: JG Capital Initiates Qihoo 360 at Neutral on Shrinking Margins
In a report published Monday, JG capital initiated coverage on Qihoo 360 (NASDAQ: QIHU ) with a Neutral rating and price target of $34. JG capital reported that, “We believe QIHU's search market share, which currently stands at ~13%, is likely to reach a cap this year because BIDU's search
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