Several analysts have recently updated their ratings and price targets for Baidu (NASDAQ: BIDU):

  • 9/27/2017 – Baidu had its “buy” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $282.00 price target on the stock, up previously from $245.00.
  • 9/27/2017 – Baidu was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $265.00 price target on the stock. According to Zacks, “Baidu, Inc., formerly Baidu.com, Inc. is a Chinese-language Internet search provider and is based in Beijing, the People’s Republic of China.The company offers a Chinese language search platform and conducts its operations principally through Baidu Online Network Technology Co., Ltd. , a network of third-party Web sites and software applications. Further, the company offers Japanese search services, including Web search, image search, video search, and blog search capabilities. It also offers online marketing services to its customers directly and through other distribution networks. “
  • 9/26/2017 – Baidu was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $265.83 price target on the stock.
  • 9/26/2017 – Baidu is now covered by analysts at Wells Fargo & Company. They set an “outperform” rating and a $290.00 price target on the stock.
  • 9/19/2017 – Baidu was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $265.83 price target on the stock.
  • 9/18/2017 – Baidu had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $263.00 price target on the stock.
  • 9/14/2017 – Baidu had its “hold” rating reaffirmed by analysts at Citigroup Inc.. They now have a $253.00 price target on the stock.
  • 9/13/2017 – Baidu was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $265.83 price target on the stock.
  • 9/6/2017 – Baidu was upgraded by analysts at Vetr from a “sell” rating to a “strong-buy” rating. They now have a $265.83 price target on the stock.
  • 8/31/2017 – Baidu had its “outperform” rating reaffirmed by analysts at Credit Suisse Group.
  • 8/28/2017 – Baidu had its “top pick” rating reaffirmed by analysts at Macquarie.
  • 8/21/2017 – Baidu was upgraded by analysts at Erste Group from a “sell” rating to a “hold” rating.

Shares of Baidu, Inc. (NASDAQ:BIDU) opened at 247.00 on Wednesday. Baidu, Inc. has a 12-month low of $159.54 and a 12-month high of $250.57. The firm’s 50-day moving average price is $232.19 and its 200 day moving average price is $198.27. The stock has a market capitalization of $85.65 billion, a P/E ratio of 45.02 and a beta of 1.99.

Baidu, Inc is a Chinese language Internet search provider. The Company offers a Chinese language search platform on its Baidu.com Website that enables users to find information online, including Webpages, news, images, documents and multimedia files, through links provided on its Website. In addition to serving individual Internet search users, the Company provides a platform for businesses to reach customers.

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