Goldman Sachs Boosted Its Price Target on Baidu (BIDU) to $350
More News related to BIDU
- Notable Analyst Rating Changes for 11/30: X, DE, AFL, AEO Upgraded; BIDU, SWY, BKC, SVU Downgraded
- Bernstein Downgrades Baidu (BIDU) to Market Perform
- Manthan Systems Secures Series B Financing From Fidelity International, IDG Ventures and DFJ ePlanet Ventures
- Baidu (BIDU) volatility low; shares near record high into lowered Goldman rating
- Goldman Sachs Removed Baidu.com (BIDU) from its Conviction Buy List, But Raises Tgt to 'Street High' $500/Sh
More News related to GOOG
- Cramer Tries His Best to Top-Tick Amazon (AMZN), Sets Street High $210 Price Target
- Microsoft (MSFT) Browser Ceding Market Share to Google (GOOG) and Mozilla
- Murdoch Shoots Down Rumors of News Corp. (NWS) De-Listing from Google (GOOG) and Joining Microsoft's (MSFT) Bing
- Google to Present at the Barclays Capital Global Technology Conference
- Analyst Sees Google (GOOG) Headed Higher
More News related to Analyst Comments
- Bull vs. Bear: Potash (POT) Upgraded at Dahlman Rose, Downgraded at Desjardins
- RBC Capital Downgrades Teck Resources Limited (TCK) to Sector Perform
- Wells Fargo Downgrades Regency Centers (REG) to Market Perform; Reducing 2009-2010E FFO/Share
- Goldman Sachs Upgraded US REITS to Neutral; Ups BKD, AVB, GGWPQ, Downgrades KIM
- Collins Stewart Downgrades Genzyme (GENZ) to Hold; Await Additional Execution and Clarity on Troubled Fronts
Goldman Sachs raised its price target on Baidu, Inc. (Nasdaq: BIDU) from $300 to $350 and raised 2009-2011 EPS estimates.
The firm expects Baidu to meet or beat their Q2 revenue forecast, have stable or improving operating margins, and positive implications from China blocking Google's (Nasdaq: GOOG) YouTube for most of the last three months.
Real-Time Market Moving News Two-Weeks FREE http://www.streetinsider.com/premium_content.php
Related Categories
Analyst CommentsTrader Talk
Stocks Mentioned
-2.80
+0.90Related 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!
