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BIDU

Baidu

09:19
01/14/19
01/14
09:19
01/14/19
09:19

Baidu assumed with a Market Perform at Bernstein

Bernstein analyst David Dai assumed coverage on Baidu with a Market Perform and $180 price target.

BIDU Baidu

12/12/18
HSBC
12/12/18
INITIATION
Target $213
HSBC
Buy
Baidu initiated with a Buy at HSBC
HSBC initiated Baidu with a Buy and $213 price target.
12/12/18
MZHO
12/12/18
INITIATION
Target $220
MZHO
Buy
Baidu assumed with a Buy at Mizuho
Mizuho Securities analyst James Lee assumed coverage of Baidu with a Buy rating and $220 price target. The analyst views the company as a "turnaround story" with long-term upside of 20%.
01/08/19
MSCO
01/08/19
DOWNGRADE
MSCO
Equal Weight
Baidu downgraded to Equal Weight from Overweight at Morgan Stanley
01/08/19
MSCO
01/08/19
DOWNGRADE
Target $188
MSCO
Equal Weight
Morgan Stanley downgrades Baidu to Equal Weight as investments pressure margins
As previously reported, Morgan Stanley analysts led by Grace Chen downgraded Baidu to Equal Weight from Overweight citing lighter margins due to content and AI investments. "The data era presents new opportunities and challenges for China's internet industry with a new investment cycle under way, as cash cow consumer internet growth rates moderate, and as capex, S&M and R&D rise to explore new growth drivers," the team wrote in their note discussing shifts they sees as likely to reshape China's internet in 2019. The firm lowered its price target on Baidu shares to $188 from $230.

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