Baidu (BIDU) Up On Positive Analyst Talk On Search Share
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Price: $89.93 -0.11%
Rating Summary:
30 Buy, 10 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 9 | New: 26
Rating Summary:
30 Buy, 10 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 19 | Down: 9 | New: 26
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Shares of Baidu, Inc. (Nasdaq: BIDU) are seeing a lift today following positive comments from an analyst at Bernstein. The firm said, despite recent set-backs, Baidu is gaining search share in Asia. They raised the price target from $170 to $230, reiterating their Outperform rating.
Shares of Baidu are up 7% today to $187.50, which still provides 23% upside to the firm's price target.
Shares of Baidu are up 7% today to $187.50, which still provides 23% upside to the firm's price target.
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