Susquehanna Reiterates a 'Positive' on Baidu.com (BIDU); PT Raised to $540
More News related to BIDU
- Google Leaving China In April?
- Reports Google (GOOG) Could Leave China In April
- Don't Miss Out! 2010 IR Global Rankings Workshops & Awards Ceremonies
- Baidu (BIDU) Shares Now Priced Higher Than Google (GOOG) Shares for the First Time Ever
- Baidu (BIDU) April volatility increases on wide movement on uncertainty of Google China
More News related to Analyst Comments
- Bove Sees Citi (C) Shares Around $8.50 Within Several Years
- Auto Sales In March Seen Up 23%
- Broadpoint.AmTech Maintains a 'Buy' on GameStop (GME); Raises PT & 2010 Estimates on Increased Confidence
- UBS Reiterates a 'Sell' on Palm (PALM); Lowers PT & Estimates
- UBS Maintains a 'Neutral' on Caterpillar (CAT); Raises PT
Susquehanna reiterates a 'Positive' rating on Baidu.com (Nasdaq: BIDU), price target increased from $520 to $540.
Susquehanna analyst says, "A beat and raise - Baidu's 4Q earnings results yesterday have sent a bullish message on its shares. Investors should pay attention to the company's record-high cash flow generation. The transition to the Phoenix Nest (PN) system has been better than expected, especially benefiting large ad customers. eCommerce fits well in the context and represents a significant driver. Baidu remains as a secular growth story in the Chinese Internet industry."
To see all the upgrades/downgrades on shares of BIDU, visit our Analyst Ratings page.
Baidu, Inc. (Baidu) is a Chinese-language Internet search provider.
Related Categories
Analyst CommentsStocks Mentioned
+4.99Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
