Baidu.com (BIDU) Tops Q1 EPS by 14c, Offers Q2 Guidance, CFO to Change Roles

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Go back to Baidu.com (BIDU) Tops Q1 EPS by 14c, Offers Q2 Guidance, CFO to Change Roles

Baidu (BIDU) PT Raised to $208 at Jefferies Following In-Line 1Q Results & 2Q Guidance; 'Scalability of AI Key to Monetization'

May 1, 2017 7:41 AM EDT

Jefferies raised its price target on Baidu (NASDAQ: BIDU) to $208.00 (from $188.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Karen Chan notes the company offered in-line first quarter results and second quarter guidance, as revenue... More