Baidu Announces Third Quarter 2022 Results

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JPMorgan First Take on Baidu (BIDU) Earnings: 'We expect a mildly positive reaction to the print given the slight revenue beat along with margin improvement'

November 22, 2022 6:11 AM EST

JPMorgan analyst Alex Yao reiterated an Overweight rating and $170.00 price target on Baidu (NASDAQ: BIDU)

The analyst comments "Our First Take: The 3Q22 print was positive, with a slight beat on revenue and better-than-expected OPM driven by cost optimization for Baidu core.... More