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Stock Market & Financial Investment News

News Breaks
December 31, 2012
07:35 EDTBIDUBaidu estimates lowered at Credit Suisse
Credit Suisse expects Baidu to use the $1.5B proceeds from its debt raising for M&A and lowered estimates to account for increased costs and risks. The analyst believes Baidu may be targeting Kingsoft to hedge against Qihoo (QIHU) or UCweb for its mobile search. The firm reiterates its Underperform rating and lowered its price target to $80 from $82.
News For BIDU From The Last 14 Days
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October 16, 2014
10:01 EDTBIDUOn The Fly: Analyst Upgrade Summary
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05:50 EDTBIDUBaidu upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded Baidu to Outperform with a $280 price target citing the recent pullback in shares and the company's increasing mobile market share.

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