Baidu.com (BIDU) Posts Stronger-than-Expected Q2 EPS of $1.73

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Go back to Baidu.com (BIDU) Posts Stronger-than-Expected Q2 EPS of $1.73

Baidu (BIDU) Price Target Raised to $260 at Goldman Sachs

July 25, 2014 10:24 AM EDT

Goldman Sachs maintained a Buy rating on Baidu (NASDAQ: BIDU) and increased its price target to $260.00 (from $225.00). The change follows strong Q2 results.

"Mobile revenues exceeded 30% of Baidus total revenues in 2Q. Cost-per-click continues to rise, but remains at discounted levels relative to desktop, indicating further potential for pricing increases. The mobile search service recorded over... More

Baidu (BIDU) Price Target Raised to $245 at Deutsche Bank

July 25, 2014 10:19 AM EDT

Deutsche Bank maintained a Buy rating on Baidu (NASDAQ: BIDU) and raised its price target to $245.00 (from $229.00). The change follows strong Q2 results.

Analyst Alan Hellawell III said, "Baidu reported 2Q14 total rev of Rmb12b,... More

Baidu (BIDU) PT Raised to $242 at BofA/Merrill Lynch Post Q2

July 25, 2014 7:36 AM EDT

BofA/Merrill Lynch analyst Eddie Leung reiterated a Buy rating and boosted his price target on Baidu (NASDAQ: BIDU) to $242.00 (from $203.00) following strong Q2 results.

Leung said the results indicate two trends: 1) areas for investment shifting from marketing to headcounts, which should... More

Baidu (BIDU) PT, Estimates Raised Sharply by Piper Jaffray's Munster

July 25, 2014 7:30 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating and raised his price target on Baidu (NASDAQ: BIDU) to $222.00 (from $206.00) following Q2 results.

Munster said, "We believe the biggest take away from Baidu's Q2 earnings report is that the Street may have... More