Pacific Crest Downgrades Baidu (BIDU) to Sector Weight
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CLSA Downgrades Baidu (BIDU) to Underperform
July 28, 2015 1:39 PM EDTCLSA downgraded Baidu (NASDAQ: BIDU) from Buy to Underperform.
For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.
Shares of Baidu closed at $197.68 yesterday.
... MoreBaidu (BIDU) PT Lowered to $210 at Piper Jaffray Post Q2
July 28, 2015 8:34 AM EDTPiper Jaffray analyst Gene Munster cut estimates and his price target on Baidu (NASDAQ: BIDU) to $210.00 (from $230.00) following in-line Q2 results and slightly lower Q3 guidance. Tjhe firm maintained an Overweight rating.
Munster commented, "Baidu management highlighted the opportunity... More
Deutsche Bank Downgrades Baidu (BIDU) to Hold
July 28, 2015 7:26 AM EDTDeutsche Bank downgraded Baidu (NASDAQ: BIDU) from Buy to Hold with a price target of $206.00 (from $236.00). The change follows disappointing Q2 results. Analyst Alan Hellawell III thinks margins are likely to slide further.
"BIDU reported 38%/7% YoY 2Q revs/non-GAAP NP, inline/2%... More
Summit Research Cuts Price Target to $205 on Baidu.com (BIDU) Following 2Q15
July 28, 2015 7:06 AM EDTSummit Research maintained a Buy rating on Baidu (NASDAQ: BIDU), and cut the price target to $205.00 (from $256.00), following 2Q15 results. Management guided 3Q15 revenue Y/Y growth to 34.4% - 37.4%, which is below consensus of 39%. Analyst Henry Guo believes that the guidance may prove conservative.
Guo commented, "While 2Q15 top and bottom came in strong as we expected, BIDU... More
Brean Capital Downgrades Baidu (BIDU) to Hold; Earnings Uncertainties Ahead
July 28, 2015 6:27 AM EDTBrean Capital downgraded Baidu (NASDAQ: BIDU) from Buy to Hold citing earnings uncertainties ahead.
Analyst Fawne Jiang commented, "BIDU confirmed its commitment to invest RMB 20bn in the coming years to scale up its O2O business aimed at securing a leading position in this still largely untapped market. We view it as a strategically right direction for BIDU, as connecting users with services and building an effective closed loop... More
Baidu.com (BIDU) Reports Q2 EPS of $1.81
July 27, 2015 4:31 PM EDTBaidu.com (NASDAQ: BIDU) reported Q2 EPS of $1.81, versus the consensus of $1.87 and $1.88 reported last year. Revenue for the quarter came in at $2.67 billion, versus the consensus of $2.6 billion.
Second Quarter 2015 Operational Highlights
Mobile search monthly active users (MAUs)... More