Where Baidu Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Baidu (NASDAQ:BIDU) received 12 analyst ratings, all of which were bullish or somewhat bullish. The average price target is $194.58, indicating an upside from the current price of $132.35. This average has decreased by 0.98% from the previous average price target of $196.50.
September 25, 2023 | 12:01 pm
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POSITIVE IMPACT
Baidu received 12 bullish or somewhat bullish analyst ratings in the last quarter, indicating a positive outlook. The average price target suggests an upside potential.
Analyst ratings are a significant factor influencing stock prices. The fact that all 12 ratings for Baidu were bullish or somewhat bullish indicates a positive sentiment towards the company. The average price target being higher than the current price suggests an upside potential, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100