During the last three months, 4 analysts shared their evaluations of Baidu (NASDAQ:BIDU), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
3
1
0
0
0
Last 30D
1
0
0
0
0
1M Ago
2
0
0
0
0
2M Ago
0
0
0
0
0
3M Ago
0
1
0
0
0
Insights from analysts' 12-month price targets are revealed, presenting an average target of $158.5, a high estimate of $180.00, and a low estimate of $133.00. Observing a downward trend, the current average is 7.58% lower than the prior average price target of $171.50.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of Baidu among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Fawne Jiang
Benchmark
Lowers
Buy
$180.00
$210.00
Charlene Liu
HSBC
Lowers
Buy
$145.00
$157.00
Alicia Yap
Citigroup
Lowers
Buy
$176.00
$181.00
Jiong Shao
Barclays
Lowers
Overweight
$133.00
$138.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related ...Full story available on Benzinga.com
Related tickers: BIDU.
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