What 9 Analyst Ratings Have To Say About Baidu
Portfolio Pulse from Benzinga Insights
In the last quarter, 9 analysts have provided ratings for Baidu (NASDAQ:BIDU), with 7 being bullish, 2 somewhat bullish, and none being bearish or indifferent. The average 12-month price target for Baidu is $184.67, with a high of $228.00 and a low of $160.00. The average price target has increased by 4.75% over the past month.
July 13, 2023 | 5:02 pm
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POSITIVE IMPACT
Baidu has received predominantly bullish ratings from analysts in the last quarter, with an increasing average price target, which could potentially boost investor confidence.
Analyst ratings can significantly influence investor sentiment. The predominantly bullish ratings and increasing price target for Baidu suggest a positive outlook for the stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100