Barclays Upgrades Baidu (BIDU) to Overweight
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July 26, 2013 7:06 AM EDT
Morgan Stanley upgraded Baidu (NASDAQ: BIDU) from Equalweight to Overweight.
For an analyst ratings summary and ratings history on Baidu click here. For more ratings news on Baidu click here.
Shares of Baidu closed at $125.85 yesterday, with a 52 week range of $82.98-$134.71.... More
July 25, 2013 7:49 AM EDT
(Updated - July 25, 2013 11:20 AM EDT)
CLSA upgraded Baidu (NASDAQ: BIDU) from Underperform to Buy with a price target of $150. The change follows surprising revenue and faster-than-expected mobile monetization. Analyst Elinor Leung thinks Q2 is likely the bottom for Baidu, as margin declines... More
July 25, 2013 7:47 AM EDT
Goldman Sachs reiterated a Neutral rating and raised its price target to $94 on Baidu (NASDAQ: BIDU) following Q2 results, which they called "in-line with expectations with encouraging mobile performance."
Analyst Piyush Mubayi comments, "We attribute the robust 3Q guidance to mobile and video... More
July 24, 2013 4:03 PM EDT
Baidu.com (NASDAQ: BIDU) reported Q2 EPS of $1.26, $0.05 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.2 billion.
"We made solid progress in the second quarter, adding a record 58,000 online active customers,"... More
