|February 27, 2014|
|07:41 EDT||BIDU||Baidu downgraded at Morgan Stanley|
As previously reported, Morgan Stanley downgraded Baidu to Equal Weight from Overweight. The firm downgraded shares due to lower than expected margins due to increased investments. Price target cut to $179.50 from $185.40. Note that Stifel upgraded shares to Buy today.
News For BIDU From The Last 14 Days
|August 31, 2015|
|05:44 EDT||BIDU||Baidu upgraded to Buy from Hold at Jefferies|
Jefferies analyst Cynthia Meng upgraded Baidu to Buy saying concerns around search ad spending are overdone. Recent channel checks with top ad agents indicated "strong traction" for performance-based ads, with any cuts to ad budgets being mostly offset by more allocation toward key word search from display ads, Meng tells investors in a research note. At current levels, Meng believes Baidu shares have largely priced in reduced earnings growth expectations. She keeps a price target of $210 for the stock. The Chinese search giant closed Friday up 7c to $152.13.
|August 24, 2015|
|05:57 EDT||BIDU||Stocks with implied volatility below IV index mean; BIDU GOOG|
Stocks with implied volatility below IV index mean; Baidu (BIDU) 41, Google (GOOG) 31 according to iVolatility.
|August 20, 2015|
|07:20 EDT||BIDU||Citigroup to hold a conference|
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
|August 19, 2015|
|07:34 EDT||BIDU||ChinaNet Online announces partnership with Baidu |
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