As previously reported, Morgan Stanley downgraded Baidu to Equal Weight from Overweight. Analyst Grace Chen assumed coverage on shares with an Equal Weight rating and a $185 price target saying she expects the recovery will be mild as marketers explore newer media such as video ads.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here