Baidu beats third-quarter estimates fueled by video streaming growth; shares up

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Go back to Baidu beats third-quarter estimates fueled by video streaming growth; shares up

Baidu (BIDU) PT Raised to $175 at Mizuho Securities Following 3Q

November 7, 2019 6:58 AM EST

Mizuho Securities analyst James Lee raised the price target on Baidu (NASDAQ: BIDU) to $175.00 (from $165.00) while maintaining a Buy rating following the company's 3Q. Baidu core revenue was up 2% YoY vs consensus of 0%. Guidance for 4Q19 beat consensus by 300 bps, at 3% YoY growth at... More