China Renaissance Starts Baidu (BIDU) at Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
Susquehanna Downgrades Baidu (BIDU) to Neutral
November 25, 2024 7:16 AM ESTSusquehanna analyst Shyam Patel downgraded Baidu (NASDAQ: BIDU) from Positive to Neutral with a price target of $85.00 (from $105.00).
The analyst comments "Our thoughts. BIDU continues to be pressured by a challenging macro coupled with monetization headwinds from its AI-powered search. While the valuation remains undemanding, we believe the stock is... More
