Baidu jumps on $5 billion buyback news

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Baidu (BIDU) PT Raised to $190 at Mizuho Securities

February 22, 2023 5:05 PM EST

Mizuho Securities analyst James Lee raised the price target on Baidu (NASDAQ: BIDU) to $190.00 (from $180.00) while maintaining a Buy rating.

The analyst commented, "We are starting to see the light at end of the tunnel for China's re-opening and anticipate Baidus core... More

Macquarie says Microsoft (MSFT) is ‘more committed than ever’ to ATVI closure

February 22, 2023 3:56 PM EST

Macquarie Research maintained a Neutral rating on Microsoft (NASDAQ: MSFT) after closely monitoring reports and developments around the proposed MSFT/ATVI deal.

Analyst Sarah Hindlian-Bowler wrote in a note, The news batch was broad and disparate in terms of relevance, but in totality we believe the events of the past week(s), together with our own assessment of possible motivations and the possible relevance of corporate actions lead us to conclude that MSFT no stranger to legal battles over 3 decades and counting is more committed than ever to closure, and recent actions... More