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Freedom Capital Markets Lifts Baidu (BIDU) Price Target, Maintains Buy Rating [Yahoo! Finance]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)  More Company Research Source: Yahoo! Finance
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
On January 7, Freedom Capital Markets analyst Roman Lukianchikov raised the price target on the stock to $160.00 (from $120.00) while maintaining a “Buy” rating. Firm analysts see positive signs from Baidu's transformation efforts despite near-term margin pressure. Analyst Roman Lukianchikov discussed how Baidu delivered quarterly results that generally surpassed expectations. The company's ongoing transformation, which has had required higher capital expenditures, has begun yielding positive results despite intensifying competition in the company's core business. Even though elevated spending continues to pressure margins, the firm is confident that scaling Baidu's less profitable venture may drive a recovery in profitability over the medium term. “While margins may face further pressure in the coming quarters, successful scaling of some of the company's less profitable initiatives could drive a recovery in profitability over the medium term. We issue a ‘Buy' recommendation and [Read more]
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Freedom Capital Markets Lifts Baidu (BIDU) Price Target, Maintains Buy Rating [Yahoo! Finance]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share  (BIDU) 
More Company Research Source: Yahoo! Finance
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
On January 7, Freedom Capital Markets analyst Roman Lukianchikov raised the price target on the stock to $160.00 (from $120.00) while maintaining a “Buy” rating. Firm analysts see positive signs from Baidu's transformation efforts despite near-term margin pressure. Analyst Roman Lukianchikov discussed how Baidu delivered quarterly results that generally surpassed expectations. The company's ongoing transformation, which has had required higher capital expenditures, has begun yielding positive results despite intensifying competition in the company's core business. Even though elevated spending continues to pressure margins, the firm is confident that scaling Baidu's less profitable venture may drive a recovery in profitability over the medium term. “While margins may face further pressure in the coming quarters, successful scaling of some of the company's less profitable initiatives could drive a recovery in profitability over the medium term. We issue a ‘Buy' recommendation and [Read more]
IMPACT SNAPSHOT
EVENT TIME:
BIDU
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS