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Qihoo 360 Technology Co Ltd (NYSE:QIHU): Following meetings with Qihoo’s management Maxim raised its target on the stock because it believes that the company possesses a good chance to take a sizeable share of China’s search market. The firm keeps a Buy rating on the stock.
Peregrine Pharmaceuticals Inc. (NASDAQ:PPHM): According to Roth Capital, bavi data in 2nd line NSCLC was impressive, and the firm continues to recommend it due to bavi’s broad clinical profile and multiple clinical catalysts ahead. Shares have a Buy rating and a $5 price target.
SunTrust Banks, Inc. (NYSE:STI) target has been raised by Argus since the firm believes that the company’s recent actions will reduce its balance sheet risk. The firm maintains a Buy rating on the stock.
Intel Corporation (NASDAQ:INTC): Following Intel’s reduction of its Q3r sales and margin guidance, Argus lowered its estimates. However, the firm still expects the company to benefit from a number of trends next year, including increased Ultrabook adoption. The firm keeps a Buy rating on the stock.
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