Baidu.com (BIDU) Tops Q2 EPS by 56c, Revenues Miss; Guides Q3 Revenues Below Views

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Go back to Baidu.com (BIDU) Tops Q2 EPS by 56c, Revenues Miss; Guides Q3 Revenues Below Views

Baidu (BIDU) PT Raised to $337 at Deutsche Bank

August 2, 2018 9:05 AM EDT

Deutsche Bank raised its price target on Baidu (NASDAQ: BIDU) to $337.00 (from $324.00) while maintaining a Buy rating.

Analyst Han Joon Kim commented, "Coming out of solid 2Q18 results, we see Baidu core trading at 16x 2018 P/E (13.4x on 2019), stripped of cash and investment... More