Morgan Stanley Names Baidu (BIDU) 'Short Research Tactical Idea'

Article Stock Quotes (1) Comments (0)

After initially trading higher following strong fourth-quarter results and guidance, Baidu (Nasdaq: BIDU) shares are now down about 2 percent.

While a number of analyst firms lifted estimates amid the quarterly report, one analyst at Morgan Stanley named the stock a "Short Research Tactical Idea," suggesting near-term downside.

Friday's move lower could simply be a prudent move by Baidu investors following a 20 percent surge since the beginning of 2012, or maybe a reaction to the concerning Morgan Stanly call.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Bulls and Bears Do Battle in Aeropostale (ARO); Turnaround Intact?
• Wells Fargo Boosts Price Target on Pandora (P), Maintains Outperform
• Jefferies Bumps Zumiez (ZUMZ) Numbers Up, But Remains on Sidelines

Create E-mail Alert Related Categories

Analyst Comments, Analyst EPS View, Trader Talk

Related Entities

Morgan Stanley, Earnings

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?