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Fly News Breaks for April 29, 2016
BIDU
Apr 29, 2016 | 06:11 EDT
Piper Jaffray analyst Gene Munster raised his price target for Baidu to $235 following the company's Q1 results and keeps an Overweight rating on the name. The O2O investment phase could start to pay off later this year and could drive upside to consensus estimates, Munster tells investors in a research note.
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.