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Fly News Breaks for April 29, 2016
BIDU
Apr 29, 2016 | 07:02 EDT
Brean Capital analyst Fawne Jiang upgraded Baidu to Buy with a $235 price target saying the company is making progress on multiple fronts including actively looking for options to unlock the value of assets, O2O product quality and user experience is beginning to drive traffic and conversion, expanded local merchant penetration, and sees improving earnings visibility in the coming quarters.
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.
