TH Data analyst Tian Hou believes, citing proprietary data, that Baidu will report Q1 revenue "at least in line with consensus" when the company reports after the close on Tuesday. The analyst also believes that Baidu's pursuit of news feed and AI will propel the company's near-term and long-term growth. Hou maintained Buy rating and $290 price target on Baidu shares, noting that "AI is coming" and Baidu is "in a leading position."
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