JP Morgan Maintains Overweight on Baidu, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alex Yao maintains an Overweight rating on Baidu (NASDAQ:BIDU) but has lowered the price target from $200 to $185.

October 19, 2023 | 6:48 pm
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JP Morgan has maintained an Overweight rating on Baidu but lowered the price target from $200 to $185.
The news is directly about Baidu and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100