Baidu (BIDU) Tops Q1 EPS by 23c, Revenues Beat; Offers 2Q Revenues Outlook

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Baidu (BIDU) PT Lowered to $370 at Benchmark

May 19, 2021 7:32 AM EDT

Benchmark analyst Fawne Jiang lowered the price target on Baidu (NASDAQ: BIDU) to $370.00 (from $385.00) while maintaining a Buy rating.

The analyst commented, "BIDU reported solid 1Q21 results, beating the consensus on the top and bottom line. The Company also provided 2Q21 revenue guidance... More