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Fly News Breaks for August 21, 2019
BIDU
Aug 21, 2019 | 07:26 EDT
Nomura Instinet analyst Jialong Shi lowered his price target for Baidu to $118 from $134 and maintained a Neutral rating following the company's quarterly results, noting that the company guided for in-line, but weak third quarter revenue, a further deceleration from the 3% year-over-year growth in the second quarter.
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