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Fly News Breaks for October 28, 2016
BIDU
Oct 28, 2016 | 06:26 EDT
Piper Jaffray analyst Gene Munster raised his price target for Baidu to $190 following the company's Q3 results. The quarter and outlook show the continued impact from quality adjustments, but Q4 should mark the bottom, Munster tells investors in a post-earnings research note. He remains a long-term believer in Baidu and keeps an Overweight rating on the shares.
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.
