Macquarie Starts Baidu (BIDU) at Outperform, Sets $138 Price Target
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Get Alerts BIDU Hot Sheet
Price: $94.72 +2.19%
Rating Summary:
8 Buy, 7 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
8 Buy, 7 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade BIDU Now!
Shares of Baidu (NASDAQ: BIDU) are up 1.3% in pre-market action as we are hearing that an analyst at Macquarie initiated coverage on the stock with an Outperform rating and a $138 price target.
With Baidu shares last trading at $106.25 this morning, Macquarie's new price target represents potential upside of about 30%.
For more ratings news on Baidu click here and for the rating history of Baidu click here.
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With Baidu shares last trading at $106.25 this morning, Macquarie's new price target represents potential upside of about 30%.
For more ratings news on Baidu click here and for the rating history of Baidu click here.
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*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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