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Fly News Breaks for July 10, 2019
BIDU
Jul 10, 2019 | 07:03 EDT
KeyBanc analyst Hans Chung lowered his price target for Baidu to $160 from $179 on the weaker online advertising business driven by budget cuts at advertisers, share loss to ByteDance, and lower bidding price given the oversupply issue. The analyst reiterates 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.
