Baidu Announces Third Quarter 2024 Results
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November 22, 2024 10:02 AM EST
Mizuho analyst James Lee lowered the price target on Baidu (NASDAQ: BIDU) to $105.00 (from $115.00) while maintaining a Outperform rating.
The analyst comments "Baidu core operating income came in above expectations due to improving cloud profitability and disciplined cost management despite facing ongoing macro challenges in... More
November 22, 2024 6:55 AM EST
Benchmark analyst Fawne Jiang lowered the price target on Baidu (NASDAQ: BIDU) to $130.00 (from $135.00) while maintaining a Buy rating.
The analyst comments "DD stock saw a significant sell-off yesterday following its 3Q24 results, which were moderately below expectations. The underperformance was primarily due to slower-than-expected international growth and a... More
