Baidu's (BIDU) H114 Results Support Ratings - Moody's
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Baidu (BIDU) Price Target Raised to $260 at Goldman Sachs
July 25, 2014 10:24 AM EDTGoldman 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 EDTDeutsche 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
Fitch Affirms Ratings on Baidu.com (BIDU) Following Q2 Results
July 25, 2014 7:56 AM EDTFitch Ratings says that Baidu, Inc.'s (Nasdaq: BIDU)(A/Stable) continued solid performance in 2Q14 reinforces our belief that Baidu's cross-channel leadership in search advertising in China will continue to sustain its credit profile, which will also be supported by its continued investments in the mobile platform and new technologies.
Fitch expects there will continue to be strong growth in Baidu's mobile revenues in the next two to three years due to the company's leading positions in mobile search, mobile map and app distribution, which are the three key entry... More
