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Stock impact report

Baidu (BIDU) Sees Lower Price Target from Barclays [Yahoo! Finance]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research Source: Yahoo! Finance
Baidu Inc. (NASDAQ: BIDU is among the 10 most undervalued stocks to buy and hold for 10 years On March 5, Barclays lowered its price target on Baidu Inc. (NASDAQ:BIDU) shares to $128 from $147 while maintaining an Equalweight rating, citing diverging trends between the company's growing AI-related revenues and declining legacy advertising revenues. Barclays noted that the adoption of AI chatbots has created a substitution effect on traditional search, placing Baidu Inc. (NASDAQ:BIDU) in a position where AI chatbots may lower advertising monetization relative to traditional search. Leading AI players globally are still searching for viable and sizable monetization models. The firm expressed positive views on the chips created by Kunlun, a company that is 60% owned by Baidu Inc. (NASDAQ:BIDU), with industry contacts confirming technical performance. In addition, Barclays said it maintained its Equalweight rating on Baidu Inc. (NASDAQ:BIDU) stock due to ongoing pressure on the cor Show less Read more
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