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Fly News Breaks for July 28, 2015
BIDU
Jul 28, 2015 | 06:25 EDT
Pacific Crest downgraded Baidu to Sector Weight saying the company's investments in the O2O business may create a multiyear "valley" in earnings. Shares were also downgraded this morning post the Q2 earnings report at Brean Capital.
News For BIDU From the Last 2 Days
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.