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Fly News Breaks for November 8, 2019
BIDU
Nov 8, 2019 | 08:15 EDT
Bernstein analyst David Dai upgraded Baidu to Outperform from Market Perform with a price target of $139, up from $118. In a research note to investors, Dai says that while Baidu doesn't have control of its top line, but the cost is largely within its control, and adds that Baidu "did the right things" to become focused again in Q3 and reduced cost to 70%.
News For BIDU From the Last 2 Days
BIDU
Apr 26, 2024 | 09:40 EDT
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.
