Baidu Announces Management Rotation

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Citi Reiterates Buy Rating on Baidu (BIDU)

October 8, 2024 11:13 AM EDT

Citi analyst Alicia Yap reiterated a Buy rating and $144.00 price target on Baidu (NASDAQ: BIDU).

The analyst comments "While management rotation seems quite a routine practice for Baidu in the past, we view the rotation today involving CFO and MEG leadership as a... More