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Fly News Breaks for June 17, 2015
BIDU
Jun 17, 2015 | 07:34 EDT
KeyBanc said a sum-of-the-parts analysis suggests Baidu's valuation is attractive and is a more appropriate way to look at the stock given optionality around video and online travel following heavy investments. The firm expects steady core margins in 2015 and remains a buyer of shares. KeyBanc rates Baidu an Overweight with a $255 price target.
News For BIDU From the Last 2 Days
BIDU
BIDU
Apr 24, 2024 | 08:08 EDT
HSBC analyst Charlene Liu lowered the firm's price target on Baidu to $145 from $157 and keeps a Buy rating on the shares following the company's developer conference. The firm says Baidu's advertising outlook remains more challenging than it expected. It cut estimates on weaker a macro envinrment.
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