Jefferies analyst Thomas Chong started Baidu with a Buy rating and $132 price target. The analyst considers 2019 a year of investment for Baidu to enhance user experience and strengthen its ecosystem. With the stock down 30% year-to-date, the analyst believes the "worst is priced in for Baidu on macro headwinds."
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